Apr
28

IT sector records $11.5 billion from around 400 deals in 2014: Report

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Led by e-commerce PE investments, the technology sector in India recorded the highest deal value of $11.5 billion from around 400 deals in 2014, says a report.Led by e-commerce PE investments, the technology sector in India recorded the highest deal value of $11.5 billion from around 400 deals in 2014, says a report.

NEW DELHI: Led by e-commerce PE investments, the technology sector in India recorded the highest deal value of USD 11.5 billion from around 400 deals in 2014, says a report.

According to a Grant Thornton-IVCA report, the high deal value in this segment this year was largely driven by big ticket e-commerce PE investments along with large cross-border acquisitions by leading IT majors.

The trend has continued into this year as well with large IT and BPO players looking at cross border acquisitions to consolidate service offerings and expand geographic coverage…

IT sector records $11.5 billion from around 400 deals in 2014: Report

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