India Inc Goes Abroad - MAPE Advisory Group

The Deal Details
Software / BPO Sector contd.
Acquirer Target Country Date Deal Size Remarks
I-Flex Solutions Equinox Corp. USA Nov-04 Est. < 5.0 100% stake in US based mortgage platform based company
I-Flex Solutions Login SA France Nov-04 Est. < 5.0 100% stake in France based specialist treasury front-end
solution provider
IKF Technologies NPR Solutions Inc USA Feb-05 0.3 100% stake in US based provider of I.T services
Infosys Tech Expert Information
Services
Australia Dec-03 22.9 100% stake in Australian based IT firm; Annual sales of
US$31.5mn
Kaashyap Radiant Softpride Systems Inc USA Jun-01 Est. < 5.0 No details available
KLG Systel COADE Inc. USA Jan-00 11.5 100% stake in US based engineering software developer
KPIT Cummins
Infosystems
KPIT Cummins
Infosystems
KPIT Cummins
Infosystems
Panex Consulting USA Aug-03 1.7 100% stake in Houston-based IT Consulting company
Pivolis France Nov-05 2.1 Substantial stake in French based company providing
offshore consulting services
Solvecentral.com Inc USA Nov-05 2.0 100% stake in US based software company
Mahindra & Mahindra Bristlecone Inc USA Feb-04 7.0 100% stake in San Jose, California based business process and
technology consulting firm
Mastek Limited Entegram LLC USA Oct-05 0.8 100% stake in US based software solutions company
specializing in customs application development; Annual
revenue of US$1.5mn
Megasoft Vector Consulting Inc USA Jul-01 Est. < 5.0 100% stake in Atlanta, US-based software services company;
Annual revenue of US$10.0mn
Melstar Information
Tech
Melstar Information
Tech
Linkhand PLC UK Sep-00 7.0 100% stake in UK-based IT firm along with its two subsidiaries
ITC Consulting GmbH Switzerland Sep-00 1.5 100% stake in UK operations of Zurich based ITC Consulting
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