News Capgemini likely to acquire $3.6bn Igate, take it private

Deepu

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Europe's biggest IT services company Capgemini is likely to acquire Nasdaq-listed Igate, multiple sources told TOI.

If the deal goes through, it will be one of the biggest M&As in the IT services space. Igate, founded by Sunil Wadhwani and Ashok Trivedi and with most of its employees in India, had revenue of $1.27 billion in 2014 and its market capitalization now stands at $3.6 billion dollars.

Capgemini likely to acquire $3.6bn Igate, take it private - The Times of India
 
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