ANXeBusiness buys TruArx to provide IT Governance, Risk and Compliance solutions
October 11, 2010

ANXeBusiness Corp. (ANX), a leading provider of networking and security managed services, today announced the acquisition of TruArx Inc., a provider of IT Governance, Risk and Compliance (GRC) solutions. This acquisition reflects ANX’s continued commitment to providing comprehensive managed security solutions. The addition of TruArx is ANX’s third acquisition within the security space this year and the seventh in the past four years, further strengthening ANX’s position in the global, vertical, and horizontal security and compliance markets. Read more

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GlobalLogic absorbs India Captive Of UK Software Company
June 9, 2010

New Delhi, Delhi, June 8, 2010 , — GlobalLogic, Inc., the leader in global software R&D services, announced that it has successfully completed a captive transfer from Global Graphics Software, a leading developer of e-document and printing software. Global Graphics has transferred its India software engineering operations to GlobalLogic as part of an overall strategy to enhance its market growth in 2010. By partnering with GlobalLogic, Global Graphics expects to achieve both a higher level of innovation and significant cost savings over the contract period. Read more

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Cognizant Acquires UBS India Service Center
October 15, 2009

Cognizant (Nasdaq: CTSH), a leading provider of consulting, technology, and business process outsourcing services, today announced a definitive agreement to acquire UBS India Service Centre Private Limited (UBS ISC), the Hyderabad, India-based captive service provider to the UBS Group. Read more

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IBM Buys Mortgage BPO Company
October 8, 2009

ARMONK, N.Y. Oct 2009: IBM (NYSE: IBM) today announced that its mortgage servicing subsidiary has signed an agreement with Bank of America Corporation (NYSE: BAC) to acquire the core operating assets of Wilshire Credit Corporation, including the Wilshire mortgage servicing platform, and hire Wilshire’s approximately 900 employees. Terms of the transaction were not disclosed. Read more

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Aegis to Acquire UCMS Group
May 19, 2009

MUMBAI, INDIA and MELBOURNE, AUSTRALIA–(Marketwire – May 15, 2009) – Aegis BPO Services Australia Pty Limited, an affiliate of Aegis Limited, a leading global business process outsourcing (BPO) provider and part of Essar Group, one of India’s largest and fastest growing business conglomerates, and UCMS Group Limited, a leading BPO services provider in Australia, today announced the signing of a definitive agreement to acquire all of the shares of UCMS Group Limited through an all cash transaction with an aggregate equity value of approximately AUD 54 million. This strategic combination has been approved by the board of directors of both companies. Read more

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