In 2007–08 alone, 94 deals were concluded (the value of the deal was disclosed in 55 cases and stood at a total of $4,432 million). The size of the deals was between the range of $0.8 million and $1,005 million.

In 2008–09, Indian companies were involved in 49 US-bound acquisitions. Of these, deal values were disclosed in 24 cases and their value totaled $960 million. The size of the deals were in the range of $0.70 million and $172 million.

Here we take a look at the top five deals in the IT& ITeS sector in terms of deal value carried out by Indian companies either directly or through their overseas subsidiaries:

1) Acquirer: Wipro Ltd
Target: Infocrossing Inc
Date: August 2007

Deal Value (USD Million): 548

2) Acquirer: 3i Infotech Ltd
Target: Regulus Group Llc
Date: April 2008

Deal Value (USD Million): 80

3) Acquirer: Accentia Technologies Ltd
Target: DenMed Transcription Service
Date: December 2007

Deal Value (USD Million): 80

4) Acquirer: Accentia Technologies Ltd
Target: GSR Physicians Billing Inc/ GSR Systems
Date : July 2007

Deal Value (USD Million): 63

5) Acquirer: Mascon Global Ltd
Target: Jass & Associated Inc/SDG Corporation
Date: March 2008

Deal Value (USD Million): 55