Monday, July 2, 2007

Infosys acquiring CapGemini???

IBM has acquired PriceWaterhouse Cooopers to bedeck its consulting business and now the news is that Infosys is contemplating acquiring the European Consulting Major CapGemini to rake up its consulting business unit. It seems Infosys is finally going shopping spending the billions it has pooled in the past. But the question is something else? Is the deal feasible in first place? Infosys - would this Indian behemoth be able to acquire a company as diverse and widespread like CapGemini? Not to forget that Infosys' turnover is $3.1 billion as compared to CapGemini's $10.35 billion. Whatever may be the case, the very rumour of this acquisition has made the CapGemini's stocks go bullish. The only thing is that if this deal materializes, Infosys will surely succeed in making a mark in the international business market.