Patni eyes acquisition, to hire 4000 people

India's sixth largest software services firm Patni Computer Systems said it was actively scouting for acquisitions and wants to hike headcount by 4000 this year to drive its growth. "We would like to acquire companies whose revenues are roughly 10 per cent of Patni revenues. We would like to acquire companies with revenues of $45-50 million," Patni Executive Vice-President Mrinal Sattawala told reporters. Patni had revenue of $450 million in 2005.