The Channel logo


By | John Oates 29th June 2007 10:43

Capgemini jumps on Infosys takeover talk

The Indians are coming

Shares in Capgemini jumped this morning on talk of a takeover or merger approach from Infosys.

The giant Indian outsourcing specialist has grown rapidly in recent years as demand for offshored services increases.

Infosys turned over $863m in its fourth quarter ended 31 March 2007 while Capgemini brought in revenues of €2.21bn or $2.99bn. But Infosys revenues grew 44 per cent year on year while Capgemini grew by 14.2 per cent.

Capgemini shares were up 4.6 per cent yesterday and have gone up another 1.5 per cent today on the Paris exchange.

Infosys told the Times of India that the story was speculation but its shares still rose 2.5 per cent on the Mumbai exchange.

Despite the denials observers want to believe Indian firms, with their growing cash piles, will get involved in taking over European firms.®

alert Send corrections


Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


Suit-and-tie-wearing man tries to meditate, take deep breaths in faux yoga pose. Photo by Shutterstock
Emotional intelligence, not tech skills, is the way to woo suits
League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe