RECENT ACQUISITIONS BY TOP INDIAN IT FIRMS

* HCL Technologies Ltd, one of India's top-five software exporters, bought UK firm Axon last year for about 440 million pounds ($720 million) after bigger rival Infosys refused to raise its bid. It was the biggest overseas buy by an Indian IT firm.

* Tata Consultancy, part of Tata Group, a diversified conglomerate, acquired Citigroup Inc's back-office unit in India last year for about $505 million in cash.

* Wipro bought Citi Technology Services Ltd, which services Citi's businesses in 32 countries and provides IT infrastructure, for $127 million.

* Wipro bought U.S. technology firm Infocrossing Inc for an enterprise value of about $600 million in 2007, making it the company's largest acquisition.

* Bangalore-based Infosys paid $28 million in 2007 for the three captive back-office centres of Royal Philips Electronics to expand its presence in Europe.

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