Tuesday 4 September 2012

Tech Mahindra buys HGS for USD 87.1m

  • Tuesday 4 September 2012
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  • Tech Mahindra , a provider of software solutions mainly to telecom companies, on Tuesday said it is acquiring privately held Hutchison Global Services for USD 87.1 million, payable upfront.


    Hutchison Global Services (HGS) operates out of Mumbai and Pune and is among the largest captive BPO (business process outsourcing) in the telecom domain. It provides customer lifecycle operations to clients in UK, Ireland and Australia and has an associate base of over 11,500 employees.

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