
Infosys prefers small cos to bigger foreign buys
4 Jun 2010, 0127 hrs IST, Pankaj Mishra, ET Bureau
BANGALORE: Infosys Technologies ruled out the acquisition of a large European outsourcing rival like Logica, and said the company would instead look for smaller, back office and consulting firms in Germany and France that are around 10% of the company’s revenues or up to $500 million in revenues.
Peter Schumacher comments on the issues Indian IT services firms face with acquisitions in Europe.
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Is Infosys bidding for UK-based Logica?
22 May 2010, 1705 hrs IST, N Shivapriya, ET Bureau
MUMBAI: Infosys Technologies found itself in yet another speculated acquisition bid, after a British tabloid reported on Friday that the Indian outsourcing giant is preparing $4 billion bid for acquiring UK-based Logica Plc.
Peter Schumacher comments on rumors that Infosys may be preparing a bid for UK-based Logica.
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Financial Daily from THE HINDU group of publications
Monday, Apr 26, 2010
The top order changeth
eWorld tracks three companies staging a comeback through top-level management changes.. |
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“Hexaware and Patni are at the beginning of a process. Both companies will need a lot more time to renew themselves…” |
Peter Schumacher comments on the corporate transformations underway at Patni, Hexaware, and Mahindra Satyam.
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Cash-rich IT majors find Deal St too risky to tread
21 Apr 2010, 0333 hrs IST, Pankaj Mishra, ET Bureau
NEW DELHI: For the past few years, India’s outsourcing giants, sitting on piles of cash, have only watched global rivals IBM and HP take a definite inorganic route without attempting a single billion-dollar deal of their own. As TCS, Infosys and Wipro seek to raise their profile and compete better with bigger rivals, they are caught in a dilemma of whether to sacrifice profitability and gain market share by buying large firms that can boost their topline multi-fold.
Peter Schumacher comments on the issues Indian IT services firms face with acquisitions in Europe.
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TCS, Infosys, Wipro shy away from overseas buys
21 Apr 2010, 1154 hrs IST, Pankaj Mishra, ET Bureau
NEW DELHI: For the past few years, India's outsourcing giants, sitting on piles of cash, have just watched global rivals IBM and HP take a definite inorganic route without attempting even a single billion-dollar deal of their own. As TCS, Infosys and Wipro seek to raise their profile and compete better with bigger rivals, they are caught in a dilemma of whether to sacrifice profitability and gain market share by buying large firms that can boost the topline multi-fold.
Peter Schumacher comments on the issues Indian IT services firms face with acquisitions in Europe.
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Financial Daily from THE HINDU group of publications
Thursday, Mar 25, 2010
AT&T-Tech Mahindra deal to click on many fronts
Deal gives Tech Mahindra the perfect opportunity to reduce dependence on its largest customer, BT. An expanded relationship with AT&T will drive US revenue growth further. |
Adith Charlie
Mumbai, March 24
AT&T's acquisition of an 8 per cent stake in Tech Mahindra will pave the way for a stronger relationship between the two parties.
Though the deal may not immediately translate into incremental revenues for Tech Mahindra, it will give the Mumbai-based company an edge over other competitors while bidding for offshoring deals from AT&T in the future.
Peter Schumacher comments on AT&T’s expanded relationship with Tech Mahindra
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Tech companies find it difficult to crack deals in US, Europe
20 Nov 2009, 0124 hrs IST, Pankaj Mishra & PP Thimmaya, ET Bureau
BANGALORE: For India’s top tech firms seeking to take an inorganic growth route for expanding in the US and European markets, successful acquisitions are becoming harder to come by, as potential targets demand high valuations and cultural barriers in several countries act as a bottleneck.
Peter Schumacher comments on problems Indian IT services firms face with acquisitions in Europe and references a specific case in Germany.
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Financial Daily from THE HINDU group of publications
Monday, Nov 02, 2009
Wooing talent with paid internships
Adith Charlie
Mumbai, Nov. 1
Peter Schumacher comments on the internship program for German students.
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This article is in German
http://www.computerwoche.de/karriere/hp-young-professional/1907327/
Ausflug in die Offshore-Welt
Indien sucht deutsche Praktikanten
08.10.2009
von Hans Königes, COMPUTERWOCHE-Redakteur
Indische Dienstleister wie Infosys und Wipro suchen mit Praktikumsangeboten nach deutschen Talenten.
This full-page article outlines an internship program the Value Leadership Group helped initiate and is supporting in partnership with Professor Karl Kurbel at the Europa-Universität Viadrina Frankfurt (Oder) and 9 leading technology companies in India. The program, operating as VIBE Internships, is offering an attractive portfolio of paid internship positions to qualified Master’s students. The participating companies include: Capgemini India, Cognizant, Genpact, Hexaware, Infosys, L&T Infotech, Mindtree, SAP Labs,
Wipro.
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Wipro looks to sell French unit as employee protests mount
24 Sep 2009, 0035 hrs IST, N Shivapriya & Pankaj Mishra, ET Bureau
MUMBAI | BANGALORE: Wipro plans to explore options to sell its development centre at Sophia Antipolis, France, because of extensive employee protests against shutting it down.
Peter Schumacher states that Bangalore has become a major hub for IC-design. Leading European firms are shifting more of their design work to Bangalore.
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