[lbo-talk] India's Wipro to Buy Infocrossing for $600 Million

[Michael Perelman]

Business Week just recently had an article indicating the rising currency values are 
significantly cutting into Indian growth in that area.

On Mon, Aug 06, 2007 at 12:53:50PM -0400, ravi wrote:
> 
> I wonder... is this escalating acquisition on the part of the Indian  
> software vendors a sign of their inability to maintain their  
> astronomical growth? (wasn't/isn't that the case, in a lot of  
> acquisitions, in the USA?)
> 

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com