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Article: Kanbay deal likely to trigger IT M&As.
- Article from:
- Economic Times (New Delhi, India)
- Article date:
- October 30, 2006
CopyrightCOPYRIGHT 2006 The Economic Times. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Oct. 30--NEW DELHI -- In a bid to boost their presence in India, multinationals could be scouting for more buys over the next 12 months. French consulting major Capgemini's buyout of Kanbay International last week and EDS buyout of MphasiS earlier this year have helped the two to significantly increase their India services delivery capability. Analysts believe that specialists small to mid-tier Indian IT vendors could be targets for acquisition.
These include companies such as L&T Infotech, RealQ, Mastek, Motif, MindTree, Nucleus Software, Symphony Services and others with skills in areas spanning SAP implementation, banking, insurance, testing and online ...