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IT services

L&T Infotech, Mindtree set to merge creating fifth largest IT service provider

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L&T Infotech, Mindtree set to merge creating fifth largest IT service provider

After much speculations, Larsen & Toubro Infotech Ltd (LTI) and Mindtree Ltd announced their merger ...

Blackstone backed Mphasis to buy US-based Blink for $94 mn

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Blackstone backed Mphasis to buy US-based Blink for $94 mn

Mphasis Ltd, an Indian software services company backed by global private equity major The ...

Tech Mahindra acquires US cloud consulting firm Brainscale

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Tech Mahindra acquires US cloud consulting firm Brainscale

Pune based information technology (IT) services firm Tech Mahindra will acquire Brainscale, a New ...

Zensar to merge US-based step-down subsidiaries

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Zensar to merge US-based step-down subsidiaries

Pune-headquartered information technology (IT) services firm Zensar Technologies has announced ...

Cognizant to acquire US digital technology consulting firm Magenic

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Cognizant to acquire US digital technology consulting firm Magenic

IT services firm Cognizant on Tuesday said it will acquire Magenic Technologies, a privately-held ...

Mindtree CEO, two founders quit after L&T completes takeover

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Mindtree CEO, two founders quit after L&T completes takeover

Mindtree Ltd said on Friday that chief executive officer Rostow Ravanan and founders Krishnakumar ...

Everstone ropes in former Wipro top exec to boost IT play

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Everstone ropes in former Wipro top exec to boost IT play

Private equity firm Everstone Group has appointed Suresh Vaswani, a former top executive at IT ...

CCI approves L&T's bid to take over Mindtree

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CCI approves L&T's bid to take over Mindtree

The Competition Commission of India (CCI) late on Friday approved engineering conglomerate Larsen & ...

Cognizant buys financial software firm Meritsoft

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Cognizant buys financial software firm Meritsoft

Nasdaq-listed IT services major Cognizant has announced the acquisition of Irish financial software ...

Cognizant acquires content firm Mustache to mark sixth buyout of 2018

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Cognizant acquires content firm Mustache to mark sixth buyout of 2018

Nasdaq-listed Cognizant Technology Solutions has acquired Mustache, a privately-held video content ...