Mergers &Acuisitions

Essay specific features

 

Issue:

Business

 

Written by:

Gracie H

 

Date added:

October 29, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 638

 

Was viewed:

1730 times

 

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Essay content:

Giving credence to this is the fact that many Indian software companies have acquired foreign companies. This way, they have gained access to overseas markets, specifically to key customers in verticals such as banking and finance, transportation and telecom.eg: The acquisition of Sydney-based $22 mn core-banking solution vendor Financial Network Services (FNS) enabled TCS to offer core-banking solution globally and compete against Infy's Finacle and Flexcube from Oracle's i-flex...
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Today's customers are looking for end-to-end solution providers who can offer an entire gamut of services. M&A therefore, becomes a preferred vehicle to complete solution portfolios, if they want to want to retain a customer. eg: Spectramind, Wipro's BPO arm, gets around 10 percent of its revenues from Wipro clients and according to Singh, this will go up...
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