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Are M&As the new normal for big IT players?
Rediff.com

Are M&As the new normal for big IT players?

Considering the June quarter numbers have been softer, as compared to the past quarters, and the overall macro environment is yet again under a cloud, Indian IT services should seriously look at the new normal During the analyst call after Cognizant’s June quarter results, chief financial  officer Karen McLoughlin accepted that the company’s organic revenue had been averaging at $1.5 billion a year and going forward, mergers and acquisitions would be key growth drivers. Rediff.com, 1 week ago
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