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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (4615)6/15/1999 9:30:00 PM
From: Mohan Marette  Read Replies (2) | Respond to of 12475
 
Mastech (Nasdaq-MAST) hunts for local IT firms
(Wednesday, June 16, 1999)

mastech.com

B Raghuvir in Bangalore

The $400-million Mastech Corporation, one of the leading IT services firm, after acquiring companies on a global scale has now zeroed in on Indian companies with specialisation in e-commerce and Internet applications.

The corporation which has a wholly owned subsidiary in India - Mascot Systems - is currently scouting for such IT firms in the country and a deal to this effect is "in the offing". Highly placed officials in the Indian subsidiary informed that there have already been offers from various M&A consultants on possible targets, but the same were not in line with the company's line of focus......

business-standard.com