Monday, July 18, 2011

Hexaware inks $177-million deal; stock up 5%

Hexaware Technologies Limited, a leading global IT, BPO and consulting services, announced on Monday that the company has secured a $ 177 million for business intelligence, analysis, infrastructure management and BPO. The contract will last five years.

Revenues from the operation is expected to accumulate in the coming quarters 4-6. The agreement was signed with a U.S. client exist. The agreement strengthens the position of Hexaware in a scenario of multiple vendors.

"Under this agreement, Hexaware team is expected to ramp up to a maximum of 600 people operating under + dedicated Global Delivery Centers. Hexaware is expected to provide Information Technology (IT) and BPO services 15 locations spread worldwide, "said Rajiv Pant, President and CEO - American Operations, Hexaware Technologies Limited.

"This is our third major agreement in the last three months. An agreement of this magnitude was won on the back of our dominant position in multiple technology platforms, with an exemplary and implementing a collaborative approach to ensure accumulation of maximum value to the customer, "said PR Chandrasekar, CEO and vice chairman, Hexaware Technologies Limited. 
Read more here

1 comment:

  1. Great Deal !!!
    Would really lead to big opportunities in future projects

    Legal BPO


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