Infosys BPO, the business process outsourcing subsidiary of Infosys Limited, today announced the signing of a definitive agreement to acquire all of the outstanding share capital in Australia-based Portland Group Pty Ltd, a leading provider of strategic sourcing and category management services. Read more
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British outsourcing company Serco said on Monday it was buying Australian contact centre firm Excelior for up to A$13.2 million, as it looks to strengthen its expanding business services offering. Read more
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Accenture acquires Zenta, a leading provider of residential and commercial mortgage processing services in the United States. Read more
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Genpact, a global leader in business process and technology management, has signed a definitive agreement to acquire EmPower Research, an integrated media and business research company with strong capabilities in social media research, media monitoring and measurement. This acquisition will add significant expertise and intellectual property to Genpact’s Smart Decision Services business, comprising analytics, research, reengineering and risk management services. Closing is expected by the end of the month subject to satisfaction of certain customary conditions. Terms of the deal are not disclosed. Read more
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BROOKFIELD, Wis.–(BUSINESS WIRE)– Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, and the leading provider of business-driven technology solutions for credit unions, announced today that it has acquired Credit Union On-Line Inc. (CUOL), a credit union service organization that runs an outsourced version of the XP2® account processing solution from Fiserv. The CUOL organization was co-owned by CEO Connie Boretti and two credit unions: RTN Federal Credit Union and Medical Area Federal Credit Union. Financial terms were not disclosed. Read more
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NEW YORK and LONDON, Feb. 22, 2011 /PRNewswire/ — KPMG LLP (US), KPMG Holdings Limited (UK) and KPMG International today announced the closing of an agreement to acquire the business of advisory firm EquaTerra. The acquisition creates one of the broadest global sourcing and shared services advisory offerings across the Americas, Europe and Asia Pacific. Read more
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FREMONT, Calif., Jan. 10, 2011 (GLOBE NEWSWIRE) — iGATE Corporation (Nasdaq:IGTE), the first Business Outcomes based integrated technology and operations company, today announced that its subsidiaries have executed definitive agreements to acquire a majority stake in Patni Computer Systems Ltd. (NSE:PATNI) (NYSE:PTI), the Mumbai-based IT services and BPO company. The transaction is valued at approximately $1.22 billion, including the mandatory open offer to the public shareholders of Patni. The transaction is expected to be completed in the first half of 2011. iGATE expects the transaction to be accretive by 2012 on a cash earnings per share basis. Read more
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Paris, Hanover, Dec. 15, 2010 – Capgemini, one of the foremost providers of consulting, technology and
outsourcing services, today announced the acquisition of the German IT-Services company
CS Consulting GmbH (“CS Consulting”) from LRPC, a fund managed by Süd Beteiligungen (a subsidiary of
Landesbank Baden-Württemberg), founder Berndt Blumenthal and Dr. Kurt Rommel. The operation will be
funded using the Group’s net cash position. The contract was signed yesterday under conditional approval
by the relevant anti-trust authorities. Thanks to this strategic move in Germany, Capgemini more than
doubles its market share in IT services for local banking clients and accordingly strengthens its presence in a
promising market. Read more
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Dec. 8, 2010 (Business Wire) — Concentrix Corporation, SYNNEX Corporation’s (NYSE:SNX) Business Process Outsourcing (BPO) segment, today announced it has signed a definitive agreement to acquire the worldwide Tech Support, Customer Service and Telesales divisions of e4e Inc., a privately-held BPO company. e4e will continue to focus on its Healthcare and Interactive Entertainment Service divisions. Read more
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Zensar Technologies Inc USA and PSI Holding Inc., USA (Akibia) today announced that the two companies have entered into a definitive agreement for Zensar to acquire Akibia. Under the terms of the agreement, Zensar will offer to acquire all of the outstanding stock of Akibia through a merger process with Zensar’s wholly owned US subsidiary. Read more
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