| Genpact, Xansa, ClientLogic, Sitel, Caritor, Keane, Novartis |
|
|
| Friday, 09 February 2007 | |
|
Genpact ranked Best Performing BPO ClientLogic has merged with SITEL Corporation by acquiring all outstanding common stock of SITEL at $4.25 per share in cash. The merged entity with over 65,000 employees across 28 countries has annual revenues of $1.8 billion. Dave Garner, former CEO and President of ClientLogic, will continue to be the CEO and President of the combined entity. Caritor, Inc. an IT services provider will acquire Keane, Inc (NYSE: KEA), in an all-cash deal for $854 million. Keane is a prominent BPO and IT services provider and is likely to continue operating under the same name. The combined entity will have over 14,000 employees and $1 billion in revenues. Novartis has announced outsourcing of some of its business processes to India. The pharma giant has signed a deal with the outsourcing provider Genpact for support services in its accounting and purchasing activities. |
| < Prev | Next > |
|---|



