CONNECT WITH US
Tech

Tech

IT firms turn to acquisitions to boost revenue growth

The Economic Times – IT logo

Published on

Add as a preferred source on Google
IT firms turn to acquisitions to boost revenue growth

Business News Tech IT IT firms turn to acquisitions to boost revenue growth

The contribution rose to $147-148 million in the July-September period, reflecting a full quarter of consolidation. The acquisition has therefore become a significant part of the firm’s reported revenue base.

Bengaluru: Indian IT services companies are increasingly drawing on acquisitions to augment reported revenue growth, as businesses bought over the past year are consolidated into their accounts. In the past year, the top eight Indian IT firms spent a total of about $7.5 billion in acquisitions.That’s the most in the history of the country’s $315 billion IT industry.Mid-sized IT firm Coforge has reported the largest disclosed quarterly

US midterms: First polls close, Trump calls Election Day a 'big deal'

Tech Layoffs AI Agents social network Budget 2026 Live Updates Union Budget Speech Date and Time

EPFO’s WhatsApp service: You can check EPF balance, view last 5 transactions and download passbook by sending message

Unknown WhatsApp calls? Android and iOS users can now check these details before answering

US Stock Market today: Why are S&P 500, Nasdaq down ahead of November 3 Election Day? Apple, Palantir to Alphabet, Nvidia -- check top, worst performing Wall Street stocks

Why did market rally today? Sensex soars 1,233 pts, Nifty ends above 23,400. 7 factors behind Rs 8 lakh crore gains

AI IT Tech & Internet Funding Startups Tech Bytes Newsletters Blogs & Opinion ET AI Awards 2027 ET AI-Ready Tech and Gadgets

Michigan Election Results 2026 How to check early Election $20,000 auction house renovation Horoscope Today, November 4, 2026 Gold rate today Are banks open on US Election Day 2026 Rachel Apa cause of death US midterm elections 2026 When do polls open in your state?


Source link
Related Topics:Tech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.