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After more than a year of “will it happen, and who will it be?” speculation, Patni Computers is finally being scooped up…by iGATE Corporation. On January 10, 2011, iGATE announced the signing of a definitive agreement to acquire up to an 83 percent stake in Patni. At a transaction value of US$1.22 billion, it is [...]
Watch as Everest Group’s Rajesh Ranjan highlights key findings from our recent RPO Annual Report.
Although we don’t think the host of Comedy Central’s hugely popular “The Daily Show” is against offshoring, Jon Stewart’s relentless championing for legislation to support 9-11 first responders has led to more barriers to offshore services in particular and U.S. trade in general. On December 22, the U.S. Congress passed a bill that would provide [...]
In the four years I worked as a transition manager for a market leading service provider before joining Everest Group, I led multiple finance and accounting outsourcing (FAO) migrations for global clients. While all of them involved transition of transactional processes such as accounts payable (AP), accounts receivable (AR), or general ledger accounting (GL), very [...]
Atos Origin’s just announced acquisition of Siemens IT Solutions & Services (SIS) will create a new giant in the European IT services marketplace when it closes pending regulatory approvals. And per Everest Research Institute’s (ERI) assessment, the acquisition will be a boom for the two companies. ERI gives the transaction a “thumbs up” for five [...]