IGATE

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IT services company

title: "IGATE" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["capgemini", "outsourcing-in-india", "outsourcing-companies", "consulting-firms-established-in-1996", "information-technology-companies-of-the-united-states", "companies-formerly-listed-on-the-nasdaq", "information-technology-consulting-firms-of-the-united-states"] description: "IT services company" topic_path: "geography/india" source: "https://en.wikipedia.org/wiki/IGATE" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary IT services company ::

::data[format=table title="Infobox company"]

FieldValue
nameIGATE Corporation
typePublic
traded_as
fateAcquired by Capgemini
founder
defunct
logoIGATE logo.svg
foundation
locationBridgewater, New Jersey, U.S.
area_servedNorth America, Europe, Japan & Australia
key_peopleSrinivas Kandula (CEO)
industryIT services, BPO
servicesIT and Outsourcing services
ownerCapgemini
homepagehttp://www.igate.com/
footnotes
::

| name = IGATE Corporation | type = Public | traded_as = | fate = Acquired by Capgemini | founder = | defunct = | logo = IGATE logo.svg | foundation = | location = Bridgewater, New Jersey, U.S. | area_served = North America, Europe, Japan & Australia | key_people = Srinivas Kandula (CEO) | industry = IT services, BPO | services = IT and Outsourcing services | owner = Capgemini | homepage = http://www.igate.com/ | footnotes =

IGATE Corporation 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 27 April 2015 French IT services group Capgemini unveiled a deal to acquire IGATE for $4 billion.

History

Under the Companies Act of 1956, IGATE was originally incorporated as Mascot Systems Private Limited, in 1993, and later renamed Mascot Systems Limited. It was formerly a subsidiary of Mastech Systems Corporation, now Mastech Digital.

In 2011, IGATE acquired Patni Computer Systems, which was three times its size at the time.{{cite web|url=http://www.business-standard.com/article/technology/igate-completes-patni-acquisition-111051300074_1.html | title=IGATE completes Patni acquisition |work=Business Standard|date=13 May 2011}} With a value of around a billion US dollars, this acquisition was the largest cross-border leveraged transaction in the IT sector, and was accomplished over 12 months, including the de-listing of Patni from the Indian bourses and consolidating the shareholder value in the U.S. Initially. IGATE 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 six months. IGATE CEO Ashok Vemuri announced his departure on 6 October 2015.

In January 2016 Capgemini announced that IGATE would operate exclusively under the Capgemini brand, six months after completion of its acquisition of the US-based corporation.

Settlements and Lawsuits

In 2008, the Civil Rights Division of the Department of Justice settled a case with iGate Mastech, Inc. following claims by the Programmers Guild that the company discriminated against workers based on their citizenship status. The Programmers Guild alleged that iGate Mastech, Inc. engaged in discriminatory hiring practices. Specifically, the company was accused of tailoring its recruitment process to favor non-immigrant foreign workers, thereby excluding or discouraging qualified domestic applicants. To resolve the dispute and comply with the Immigration and Nationality Act (INA), iGate agreed to stop publishing job ads that favored foreign workers over domestic applicants and paid a $45,000 fine.

Key services

IGATE's key services included:

Locations

IGATE 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, Trichy, Hyderabad, Noida and Gandhinagar in India.

Its training and development facility, IGATE Corporate University, was in Pune, situated on 50 acre 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.

Recognition

  • Ranked 51st in the 2014 Fortune "100 Fastest Growing Companies" list
  • VCCircle Award 2014

References

References

  1. (27 December 2016). "iGate Co-Founder Trivedi Floats $500m Family Office". The Times of India.
  2. "iGATE Corporation – Annual Report". igate.com.
  3. "IGATE appoints Ashok Vemuri as president and CEO". The Economic Times.
  4. (27 April 2015). "Capgemini to buy IGATE in $4bn deal". Financial Times.
  5. "Capgemini Technology Services India Information".
  6. Aggarwal, Varun. (25 January 2016). "Capgemini completely dissolves iGATE brand". [[Business Line]].
  7. "The Programmers Guild v. iGate Mastech (Citizenship Status, H1B, Recruitment or Referral for a Fee) April 2008".
  8. "Patni software park to seat 17,000". Rediff.com.
  9. "IGATE". Fortune.
  10. "Winners 2014". vccircle.com.

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capgeminioutsourcing-in-indiaoutsourcing-companiesconsulting-firms-established-in-1996information-technology-companies-of-the-united-statescompanies-formerly-listed-on-the-nasdaqinformation-technology-consulting-firms-of-the-united-states