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Giving credence to this is the fact that many Indian software companies have acquired foreign companies. This way, they have gained access to overseas markets, specifically to key customers in verticals such as banking and finance, transportation and telecom.eg: The acquisition of Sydney-based $22 mn core-banking solution vendor Financial Network Services (FNS) enabled TCS to offer core-banking solution globally and compete against Infy's Finacle and Flexcube from Oracle's i-flex.This acquisition helped TCS to penetrate the Australian market.
? Industry experts believe that most companies have some gaps in their solution portfolio...
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