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Patni Acquires Logan-Orviss

The centre of gravity for the telecoms industry continues to move eastwards. Patni Computer Systems, headquartered in Mumbai, has just purchased the European telecoms consultancy Logan Orviss International. With Patni's 2006 annual revenues of US$569m dwarfing LOI's US$16m, the intention must be to enhance the profits and sales potential of Patni's IT services by using LOI to open up new opportunities. Here is the press release on both the Patni and LOI sites.