Overseas acquisitions by Indian IT firms to rise in 20132 min read . Updated: 09 Apr 2013, 11:57 PM IST
In 2012, the IT and ITeS sector saw cross-border merger and acquisition transactions worth $1.4 billion
Mumbai/Bangalore: India’s largest software services company by revenue Tata Consultancy Services Ltd (TCS) announced on Tuesday that it had acquired French information technology (IT) services firm Alti SA for €75 million (around ₹ 530 crore), and analysts say more such acquisitions of foreign companies by Indian ones will happen this year.
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