Philip Morris awards outsourcing contract to TechTeam Global
 
Philip Morris International (PMI), Switzerland-based tobacco company, has signed a five-year outsourcing contract with TechTeam Global to provide corporate IT help-desk support in five languages to over 9,000 users in Europe. Services will be delivered from PMI's Krakow, Poland based shared services center.  
    
Essar Global acquires Global Vantedge for $22.60 mn
 
 Essar Global has acquired Global Vantedge for $22.60 million from Chrys Capital, thus making its fourth acquisition in one year. The company aims to generate over $25 million in additional revenues for Essar's BPO business. With over 1400 employees, Global Vantedge operates in banking, telecom and automobile verticals.
    
Satyam's BPO unit to expand overseas
 
Nipuna Services, the BPO arm of Satyam Computer Services, is planning Indian and overseas expansions. The company expects to hire over 5,000 people, up from the current 3,000 by March 2008.  
    
Gameshastra launches new facility in Hyderabad

Gameshastra, a video game QA outsourcing firm, has launched a 25,000 square feet facility in Hyderabad to provide the full range of game development, game art/animation and QA services for multiple platforms. The overall headcount is expected to be over 1000 by mid 2008.  
    
Integreon acquires CBF Group Inc.

Integreon Managed Solutions, provider of legal and document services, has acquired CBF Group Inc., a US-based company providing 24/7 administrative services to lawyers, for an undisclosed amount. Integreon has 2,000 employees, with 1,200 in India. Ayala Corp., Integreon's majority shareholder based in the Philippines has financed the acquisition.