Indian IT major Infosys, which had announced the acquisition of a Swiss consultancy firm earlier this week, has added yet another firm to its shopping list. The company’s BPO arm, McCamish Systems, has bought the claims processing, call centre and accounting unit of US-based insurance brokerage Marsh & McLennan.
Indian outsourcing major Infosys Limited has announced the acquisition of Zurich-based consulting firm Lodestone for an estimated $350 million.
The takeover is aimed at boosting the Bangalore-headquartered software company’s presence across continental Europe.
Indian software solutions firm Tech Mahindra has acquired Hutchison Whampoa Limited's back-office call centre business for $87.1 million. Hutchison Global Services (HGS) operates out of Mumbai and Pune and is among the largest business process outsourcing (BPO) firms in the telecom domain.
The Tata Group took another firm step towards expanding its global tea and coffee business with the acquisition of a Russian company. Tata Global Beverages acquired the remaining 49 per cent stake in SuntyCo Holding, the owner of the Grand tea and coffee business in Russia, for an undisclosed amount.