Biden: US damage appears minimal in big ransomware attackA security researcher who chatted online with representatives of the Russia-linked REvil gang behind the attack said they claimed to have s...
07 Jul, 2021, 01.22 PM IST
Covid-19: No outsourcing for these business processes management companiesBPM companies are caught between mobility curbs and client protocol that disallows work-from-home. Experts are of the view that the Indian ...
31 Mar, 2020, 07.34 AM IST
StarTek looks at digital buys to tide over its Aegis troughPrivate equity firm Capital Square Partners, which bought Aegis and merged it with StarTek in 2018, has gone underwater on the deal as it h...
20 Jan, 2020, 11.18 AM IST
Startek makes chairman Aparup Sengupta its CEOSengupta has a long history with Aegis. He was previously CEO of the company from from 2005 to 2012. He then became the CEO of Aditya Birla...
15 Jan, 2020, 08.24 PM IST
Teleperformance set to buy Intelenet for $1 billionBlackstone, which bought back Intelenet in 2013 from UK’s Serco Group for £250 million (Rs 2,558 crore or $385 million), had mandated JP Mo...
14 Jun, 2018, 09.34 AM IST
French firm Teleperformance front runner to buy Intelenet in $1 billion dealEuronext-listed Teleperformance is set to face competition from PE group Baring Asia and US IT services company Convergys who joined the fr...
31 May, 2018, 10.20 AM IST
StarTek to buy Aegis from PE company Capital Square Partners for $230 millionUnder the terms of the deal, Capital Square Partners will own about 55% of the combined company and the existing StarTek shareholders will ...
16 Mar, 2018, 07.44 AM IST
BPO firm Minacs sold to US-based Synnex for $420 millionSynnex will acquire Minacs and integrate it into its Concentrix business segment, and the purchase price is approximately $420 million.
13 Jul, 2016, 10.14 AM IST
Aegis to sell BPO business in US, Philippines, Costa Rica to Teleperformance for $610 millionIt has annual revenues of $400 million and employees over 19,000 across 16 centres in the three countries, the company said.
10 Jul, 2014, 10.42 AM IST
Concentrix to invest $25 million to beef up India operationsAfter completing acquisition of IBM Daksh, Concentrix is now focussing on investing up to US $ 25 million in the next 24 months in analytic...
25 May, 2014, 12.18 PM IST
Concentrix completes second phase of IBM BPO's acquisitionIBM's acquisition till date reflects the scale and vertical industry expertise of IBM, combined with the agility, flexibility and client fo...
02 May, 2014, 02.43 PM IST
Itochu may buy Redington India for Rs 3,000 croreNRI family Kewalram Chanrai, Standard Chartered Private Equity and Taiwanese IT distributor Synnex together own over 55% stake in the Chenn...
29 Apr, 2014, 12.58 PM IST
Concentrix sees big demand; scouts for two new locationsConcentrix, the contact centre provider that catapulted into big leagues with its $505-mn acquisition of IBM Daksh, is scouting for two mor...
11 Apr, 2014, 06.12 AM IST
IBM-Synnex deal gets approval from Competition CommissionIBM's proposed deal to sell its customer relationship management BPO operations to Synnex has received the green signal from the Competitio...
05 Feb, 2014, 10.40 PM IST
Carlyle, Apax among 6 companies to place bids to acquire SourceHOVThe two shareholders have mandated Morgan Stanley for a sale. The initial bids have valued SourceHOV at around $1 billion.
02 Dec, 2013, 11.47 AM IST
After IBM Daksh, Concentrix scouting for more acquisitionsConcentrix, which graduated overnight to one of the largest business process outsourcing employers, finds the margins that IBM scorned very...
27 Nov, 2013, 04.30 AM IST
Telco retailers scouting for ways to sell a connected lifestyleTelcos are trying to find ways to bring richer connections & experiences to a broader section of the population.
08 Jul, 2008, 12.04 AM IST