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iGate on lookout for acquisitions

In 2011, US-based iGate acquired nearly 63 percent stake in Patni Computer Systems (then India's sixth largest IT firm) for USD 1. 22 billion.

iGATE removes Patni from brand name

The name ‘Patni’, representing Patni Computer Systems Limited, a majority owned subsidiary, has been removed from its brand identity.

iGate accepts Patni delisting offer of Rs 520

US-based iGate Corporation Monday said it will offer Rs 520 per share to shareholders of Patni Computer Systems to get its Indian arm delisted from stock exchanges.