Patni Computer family battle may lead to new partner

The corporate battles are being foight inside homes these days rather than in closed-room offices. After the recent Bajaj division and Reliance demerger, another family owned IT company - Patni Computer Services is on verge of being restructured.

If reports are to be believed, then major international software players like IBM, CSC and PE firms like Blackstone and Carlye are eyeing a stake in the company. PCS is among the top 10 IT companies of India and among the oldest. But compared to its peers, like Infosys, TCS, WIpro, Satyam, it’s  performance has been a laggard.

After seeing the experience with IBM-Daksh deal, and EDS-Mphasis deal, things could get better for Patni and it could improve its performance as it would enable it a wider footprint and a better management, which has been a concern for the company seeing from the higher attrition levels it is facing.

Just like any other Bollywood family flic, the saga of 3 IIT graduate Patni brothers could be ending on a happy note.