Deepak Patel Resigns As MphasiS MD, COO

MphasiS Ltd, an EDS company and an IT solutions, services and BPO provider, has announced the resignation of Deepak J Patel, effective 3 June 2008. Deepak, the managing director and chief operating officer of the company, played a key role in leading MphasiS post the merger of EDS - India and MphasiS.
Deepak was also instrumental in ensuring that the combined operations of both entities along with close to 15,000 professionals, realise their full potential that in turn led to an upward growth trajectory for the organisation. Previously, Patel was vice president, best shore strategic investments and business development at EDS.Recently, HP and EDS entered a definitive agreement for HP to buy EDS at approximately $13.9 billion. HP also announced its plans to establish a new business group, to be branded EDS – an HP company, which will be headquartered at EDS's existing executive offices in Plano, Texas. However, it is still not clear whether HP will be required to make an open offer for shares of MphasiS Ltd.