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    Capgemini acquires iGATE for $4 billion

    Posted on: 2015-04-28 Posted by: CLAT Gurukul Category: Archive Blog

    Capgemini acquires iGATE Capgemini and iGATE have entered into a definitive merger agreement under which Capgemini will acquire iGATE for a cash consideration of $48 per share. the transaction will amount to $4 billion and is expected to be immediately accretive to Capgemini’s normalized Earnings Per Share (EPS)1. iGATE is US-listed IT services company headquartered in New Jersey. This transaction would lead to a group with an estimated combined revenue of €12.5 billion in 2015, an operating margin above 10 per cent and around 190,000 employees.

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