Monday, January 10, 2011

iGate acquires Patni

FYI:

Finally the much delayed deal between Patni Computer Systems Ltd. iGate is inked and iGate CEO Phaneesh Murthy made it official today.

US-Based iGate has acquired close to 63% stake in Patni Computer Systems ltd which is Currently India’s Sixth largest IT firm.

The deal is said to be 1.22 USD billion, iGate will buy 46% of stake from Patni Brothers and 17.3% from Genral atlantic.

This makes the combined entity of iGate-Patni a billion dollar company which reported $941 million in the third quarter of 2010 and the total head count shoots up to 25 thousand.

M$K

Thursday, January 6, 2011

Thanks to the Mayan calendar and the Hollywood block buster 2012

Huh! Itz already 6th Jan, as usual this year too I am late to chart my plans and resolution for this year, with this laid back attitude I was wondering will I be able to follow my resolution at least this year but thanks to the Mayan calendar and the block buster Hollywood flick 2012 which depicts end of the world by 2012, well, I am not saying I am gonna believe this dooms day theory, however I wonder if I happen to believe this just for a while and just before chalking down the road map for 2011, I understand I can add immense value to these upcoming 365 days (6 are already gone :( ).
For a lazy loony like me this fake belief will certainly kick the ass.

So going ahead with this dooms day theory for this year, I am all up to cherish my dreams which are being fantasized from ages and have hardly put my efforts to cherish them.

So here I make up my mind to enjoy, accomplish, and most importantly live these 365(minus 6) days to the FULLEST.

I wish you too will say thanks to Mayans and add a zing to this year and also to the many more to come ;)

Have a rocking year :)


MsK