Monday, January 10, 2011

IGATE Acquired a Majority Stake in Patni Computers

IGATE Acquired a Majority Stake in Patni Computers
Mumbai / Bangalore, 10 January - the U.S. software company IGATE with private equity firm Apex Partners has agreed to acquire a majority stake in Indian software services major Patni Computer Systems on Monday to the U.S. dollar of approximately $ 920 million.

The software company in India in a regulatory filing said Narendra Patni buy iGATE promoter, Gajendra Patni and Ashok Patni approach for about 43.6 percent of Rs.503.5 per.................READ FULL NEWS

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