The share is currently held by the founders of the company. With the patni computer systems, the software company, being branded as patni. Update 2igate accepts patni delisting offer reuters. The transaction leading to igate, owned by former infosys marketing chief phaneesh murthy, clinching a controlling stake in patni will be one of the largest acquisitions of an indian software company, bigger than the mahindras groups acquistion of satyam computer services. See who you know at igate global solutions limited, leverage your professional network, and get hired. Igate global solutions limited is a company based out of 19 bessenveldstraat, machelen brab. The company has more than,000 shareholders with revenues of over inr 110,406 million standalone. Phaneesh murthy, ceo of igate, will take over as the ceo of patni which will now have a new six.
Igate was an it services company, headquartered in bridgewater, new jersey, united states. Patni has over 16,000 employees and 30 international offices across the americas, europe and asiapacific and 22 global delivery centers across the world. The promoters and igate were able to arrive at a mutually. Software engineer i worked at igate fulltime for more.
Company profile page for igate computer systems ltd including stock price, company news, press releases, executives, board members, and contact information. The name of the company was changed from igate global solutions limited to capgemini technology services india limited w. Bekijk wie u kent bij igate, benut uw professionele netwerk en zorg dat u wordt aangenomen. Nasdaqlisted it services company igate announced a new gotomarket brand called igate patni with a leaner 9member executive team.
Feb 18, 2014 patni and its subsidiaries are engaged in it consulting, software development and business process outsourcing bpo. Lot of opportunities i got and i am enjoying working with this compny. In 2001 the software patni and hardware pcs technologies divisions were separated entirely in branding as well. The mosaic company and igate patni strengthen partnership with global service desk deal leveraging igate patni pensacola center for hybrid delivery, the. It12, igate knowledge park building, it1it2, ttc industrial area, thane belapur road, airoli, mumbai, maharashtra. Outsourcer igate closed its acquisition of a controlling stake in patni computer systems on may 12, a merger designed to help the companies better compete against mutual indiabased rivals infosys. Patni americas inc company profile and news bloomberg markets. Visit payscale to research igate global solutions ltd. The firm operated in north america, asia, europe, japan and australia, providing technology consultancy and services. Phaneesh murthy, ceo of igate, will take over as the ceo of patni which will now have a new sixmember board. Jan 10, 2011 igate patni acquired by igate global solutions.
Fast company articles and posts tagged igate patni with a unique editorial focus on innovation in technology, leadership, and design. May 16, 2011 the new company, called igate patni, has 26,000 employees, including 4,000 in the united states. Cofounded by ashok trivedi and sunil wadhwani, nasdaqlisted igate, which acquired patni computer systems ltd four years ago, has a large. The company is going to hire engineers, freshers, and experienced candidates.
Unclaimed dividend of erstwhile igate computer systems ltd. Software technology park stp3, service road north, i93, islamabad 44000, pakistan. The firm operated in north america, asia, europe, japan, and australia, providing technical consultancy and services. The company designs and manufactures business specific computing systems to aid in. Ctsil delisted itself from the indian stock exchanges in 2008. The company is looking at becoming most preferred strategic partner for entry into emerging geographies. With more than 180,000 people in over 40 countries, capgemini is a global leader in consulting, technology and outsourcing services. Itops, product engineering services, it and process, integrated technology and. The case study the acquisition of patni computer systems limited analyzes the acquisition of patni computers, indias sixth largest business solution provider and it services company on january 10, 2011 by igate corporation, an itites listed on nasdaq. Igate patni is an information technology and services company based out of no.
The noncompete clause, restricting the patni brothers from starting a software business, will be applicable for less than two years, the people. Technology firm igate patni has rebranded itself as igate. Candidates who are eagerly waiting for the latest recruitment notification for the igate job openings, they can hurry up to apply for the igate recruitment 2019. It12, igate knowledge park building, it1it2, ttc industrial area, thane. In 2011, igate, acquired patni computer systemsa company three times its size at the time. The new company, called igate patni, has 26,000 employees, including 4,000 in the united states. Qualified and eligible candidates can use this opportunity by applying for the igate careers 2019. The transaction marks the completion with the buyout of the principal stakeholders, narendra patni, ashok patni, gajendra patni and general atlantic, and the 20 per cent mandatory tender offer to the public shareholder. Igate infrastructure management services limited tcube software. Feb 28, 2020 a free inside look at igate salary trends based on 1,640 salaries wages for 286 jobs at igate. It founded by sunil wadhwani in 1975 and later acquired by capegemini. Explore igate patni openings in your desired locations now. The company has more than,000 shareholders with revenues of. Capgemini technology services india limited formerly.
Patni americas inc company profile and news bloomberg. Why education without creativity isnt enough fast company. Igte, an integrated technology and operations company, in reaching its definitive agreements to acquire a majority stake in patni computer systems ltd. About the company patni computer systems p ltd is indias sixth largest software company that provides information technology service to clients in diverse industries. The equity shares of the company are listed on the bse and the nse. To make it work, he will have to find his old touchquickly. It was formerly a subsidiary of mastech systems corporation, now mastech digital.
Feb 09, 2011 with the patni acquisition, igate s phaneesh murthy has returned to the billiondollar game in software outsourcing. About igate global solutions ltd igate global solutions ltd has its headquarters at whitefield in bangalore, india. Igate gets patni to climb outsource ladder investors. I successfully completed 8 years with this company. Explore igate salaries see igate hourly wages, igate bonuses, or check out salaries for igate internship or igate contractor. Unlock charts on crunchbase charts can be found on various organization profiles and on hubs pages, based on data availability. Patni and its subsidiaries are engaged in it consulting, software development and business process outsourcing bpo. Murthy expects to add as many as 1,000 new employees in the u. Us listed software company igate said on wednesday it plans to delist shares of its unit patni computer systems to obtain full ownership of the company and intends to fund the acquisition of the. With the patni acquisition, igates phaneesh murthy has returned to the billiondollar game in software outsourcing. It is an integrated technology and operations firm which offers end to end it services solutions, solutions in data analytics, enterprise systems, bpobsp, contact center and infrastructure management services. Igate, the maker of outsourcing software, bought a controlling.
The company provides application development, application maintenance and support, packaged software implementation, infrastructure management services, product engineering, business process outsourcing, and. After a fourmonth process, nasdaqlisted it services company igate on thursday completed the acquisition of indias sixthlargest software exporter patni computers and announced a new gotomarket brand called igate patni with a leaner ninemember executive team. Capgemini technology services india limited formerly known as igate. The mosaic company and igate patni strengthen partnership.
Patnis clients include more than 400 fortune companies. Patni s clients include more than 400 fortune companies. No birthday goes uncelebrated, and we normally throw a feast every quarter with award ceremonies, great food, skits, and musical nights. Phaneesh murthy, ceo of indian outsourcing company igate patni. Later patni was merged to igate and now igate merged to capgemini. Unipro software pte ltd information technology and services. It is listed on the bse with a bse code of 532337 and the nse with an nse code of igs. The company employs over 15000 people, and has 23 international offices across the americas, europe, and asiapacific, as well as offshore development centres in 8 cities in india. Mar 19, 2012 the company is looking at becoming most preferred strategic partner for entry into emerging geographies. The company designs and manufactures business specific computing systems to aid in operations, supply chain, and product life cycle. Under the companies act, 1956, igate was originally incorporated as mascot systems private limited in 1993, and later renamed mascot systems limited.
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