Bangalore: iGATE on Thursday announced the successful completion of Patni acquisition and appointment of Phaneesh Murthy as CEO of Patni. Consequently, Jeya Kumar has stepped down as the CEO of Patni. iGATE entered into purchase agreements on January 10 this year to acquire a majority stake in Patni Computers. The transaction marks completion with the buyout of the principal stockholders, Narendra Patni, Ashok Patni, Gajendra Patni and General Atlantic, and...
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