Scalper1 News
The fortunes of players in the information technology and consulting services industry swung in two directions, with Capgemini agreeing to buy Igate (IGTE) and Infosys (INFY) saying fourth-quarter revenue suffered from the commoditization of traditional services. On Monday, French IT firm Capgemini agreed to pay $4 billion, or $48 a share, for Igate, which reported revenue of $1.3 billion last year. The deal is expected to close in the second half Scalper1 News
Scalper1 News