Big acquisitions by Indian Software companies in near future.

Entities Mentioned

• Wipro
• Nasscom
• Citigroup Venture Capital

1. Being in I.T Industry, I do understand the importance of these kinds of deal by Indian companies. It not only helps the Indian software firm to gain a strong foothold with local presence, but it provides with an added advantage of resourcing. As all of you know, the US government has a cap of 65000 H1B visas, which unfortunately will not be increased in near future. With such small number of visas available, it is extremely difficult for Indian software houses to expand aggressively. So the route of these acquisitions gives Indian companies added advantage of securing existing people from ... (Read Full Article)

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