Acquisitions help IT service providers in India stay relevant

India’s leading IT outsourcing companies made a significant number of acquisitions in 2015 in order to help them manage costs, increase automation, and protect market share in an increasingly difficult environment.From Infosys (notoriously averse to growth by acquisition) buying U.S.-based automation provider Panaya in February for $200 million to Wipro’s $130 million purchase of capital market’s business process as-a-service provider Viteos in December, it was a busy year for