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Mark to Market | Mobis Philipose 10:06 PM | October 16,2008
The firm’s valuation took a major hit when it decided to acquire Axon for a premium valuation
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K. Raghu 01:07 AM | October 11,2008
The firm earned 33.4% of its revenue from banks, finance companies and insurers, the worst hit by the slowdown. And 61.5% of its revenue came from North America
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Bernard Lo, Andrea Tan and Harichandan Arakali / Bloomberg 12:08 AM | September 11,2008
The slowdown in US, the largest market for IT, is forcing companies there to pare their technology budgets
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01:06 AM | August 28,2008
The US and UK have been known to have fewer qualms about allowing their companies to be sold
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12:29 AM | August 27,2008
Axon is a mid-size (tending to small) IT consulting firm which is very profitable (by UK standards)
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Vishwanath Kulkarni 11:36 PM | August 26,2008
Infosys’ offer for Axon marks the largest takeover bid by an Indian information technology firm
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Vishwanath Kulkarni 12:53 AM | August 26,2008
If the deal goes through, it would not only expand the Indian company’s key SAP software and consulting capabilities, but also enhance its footprint in Europe
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Mark to Market | Mobis Chakravarty and Mobis Philipose 11:45 PM | August 25,2008
Analysts have complained about the firm’s stance of being overly cautious about acquisitions and not returning sufficient cash to shareholders
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