Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
iGATE Corporation
Former type
subsidiary
Industry IT services, BPO
Fate acquired by Capgemini
Founded 1996
Defunct 2015
Headquarters Bridgewater, New Jersey, U.S.
Area served
North America, Europe, Japan & Australia
Key people
Srinivas Kandula (Chief Executive Officer)
Services IT and Outsourcing services
Revenue Increase US$ 1.27 billion (2014)
Number of employees
31,453 (March, 2015)
Parent Capgemini
Website www.igate.com

IGATE was an IT services company, headquartered in Bridgewater, New Jersey, United States. The firm operated in North America, Asia, Europe, Japan and Australia, providing technology consultancy and services. Its revenues in 2014 were over US$1.2 billion, and it has a workforce of over 31,000. The firm had over 70 offices and customer delivery centers in North America, Europe, Asia and Australia. On April 27, 2015 French IT services group Capgemini unveiled a deal to acquire IGATE in a $4bn deal.

In 2011, IGATE, acquired Patni Computer Systems–a company three times its size at the time. With a value of around a billion US dollars, this acquisition was the largest cross-border leveraged transaction in the IT sector. The acquisition was accomplished over 12 months, including the delisting of Patni from the Indian bourses and consolidating the shareholder value in the U.S. Initially. iGATE firm changed its name to iGATE Patni. It was changed to IGATE again on 7 May 2012. Its shares are listed on the NYSE as "IGATE". On 27 April 2015, Capgemini announced it would be acquiring IGATE, the transition would be completed over a phase of 6 months. IGATE CEO Ashok Vemuri announced his departure on 6 October 2015.

IGATE's key services included Application Development and Application Maintenance, Business Intelligence and Analytics, Business Process Outsourcing, Cloud Services, Enterprise Mobility, Infrastructure Management Services, P&ES Embedded systems, Product Verification and Validation(P&ES), and Verification & Validation(V&V).

Its customer delivery centers were located in Pensacola, Florida; El Paso, Texas; Sterling, Virginia, United States; Guadalajara, Mexico; Mississauga, Ontario, Canada; Stockholm, Sweden; London, UK; Ballarat, Australia; Suzhou, China; and Mumbai, Bangalore, Pune, Chennai, Hyderabad, Noida and Gandhinagar in India. Its training and development facility, IGATE Corporate University, was in Pune.

Situated on 50 acres (200,000 m) of land in the Navi Mumbai area, this campus included facilities for software development, training, customer care, and employee recreation. The IGATE (Patni) Knowledge Park accommodates 17,000 professionals. The IGATE Knowledge Centre, set up with an investment of 1.75 billion rupees, complements the organization's green initiatives around efficient utilization and conservation of energy, water and natural resources. Developed on Green Architecture, the centre is spread over 5 acres (20,000 m) and has a seating capacity of over 3500.

The facility was designed and constructed as per the guidelines of LEED (Leadership in Energy and Environmental Design) India Green Building Rating System for New Construction.

Investment goal date:
Dividends reinvested
iGATE Corporation IGTE report Q1 2015
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q3 2015
2015-10-13
--
--
Q2 2015
2015-07-16
--
--
Q1 2015
2015-05-04
0.5200
0.4600
Q4 2014
2015-01-20
0.5200
-0.6500
Q3 2014
2014-10-15
0.5200
0.4700
Q2 2014
2014-07-16
0.4800
-0.0900
Q1 2014
2014-04-10
0.4500
0.3900
Q4 2013
2014-01-16
0.4900
0.4100
Q3 2013
2013-10-10
0.4600
0.4000
Q2 2013
2013-07-17
0.4400
0.3800
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
MANAGED ACCOUNT ADVISORS LLC
250
Major Shareholders
Name Relationship
Total Shares
Holding stocks
APAX PARTNERS EUROPE MANAGERS LTD
32.9000% (19383398)
IGTE /
MURTHY PHANEESH
1.1100% (655292)
IGTE /
Narayanan Sean Suresh
0.2400% (142763)
IGTE /
Apax Guernsey (Holdco) Ltd
32.9000% (19383398)
IGTE /
Apax Europe VII-B, L.P.
15.1300% (8912703)
IGTE /
Apax Europe VII GP Co. Ltd
23.7600% (13998292)
IGTE /
Apax Europe VII GP L.P. Inc.
23.7600% (13998292)
IGTE /
Idgunji Prashanth
0.0100% (5906)
IGTE /
Viscaria Ltd
34.6800% (20430698)
IGTE /
Khare Vijay P.
0.2100% (121476)
IGTE /
Joshi Satish M.
0.2200% (126660)
IGTE /
Kemp Derek
0.2500% (150000)
IGTE /
Tugnait Sanjay Vishwanath
0.2500% (150000)
IGTE /
% ()