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  Latest News and Articles from BPO
 Indian IT outsourcing company acquires Prolifics
 5-July-2008



Semantic Space Technologies, an Indian IT outsourcing company, announced the acquisition of Prolifics, a US based software consulting firm specializing in IBM technologies, for USD 40 million in a cash deal. The company will make an initial cash payment of USD 26 million, the remaining amount will be paid in the form of earn out over the next two years. 

In addition, the company acquired the assets of Prolifics Arsin, a subsidiary of Prolifics and a testing solutions company, for over USD 1.5 million. The convergence of our companies marks an acceleration in the globalization of the software industry, giving enterprises a new blended shore choice in technology partnership that can scale to meet any need., said Satya Bolli, CEO of Semantic  Space Technologies. 

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 Now, BPOs queue up to book seat in billion dollar club
 4-July-2008



BANGALORE: The game is fast changing for the Indian business process outsourcing (BPO) industry as for several players, entry into the billion-dollar club may be round the corner. 

Given the inorganic opportunities, maturity of outsourcing and an appetite to grow scale rapidly, many BPO players may breach the psychological barrier much faster than IT services companies. 

Large players manage to create a big impact on clients and employees and are serious contenders for mega deals, says Tholons CEO Avinash Vashistha. 

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 More News & Articles
 
 
 Quatrro BPO acquires Babel Media (3-July-2008)
 Indian BPO Satyam ranked second globally (1-July-2008)
 Citigroup to sell Indian BPO (30-June-2008)
 Satyam enters into KPO JV (28-June-2008)
 BPOs grapple with inflation (27-June-2008)
 India attracts clinical outsourcing (13-June-2008)
 IT exports to slow down (10-June-2008)
 Indian BPOs may lose Orange pie (9-June-2008)
 Dubai seeks BPO business (7-June-2008)
 Media outsourcing attracts ire of US brigade (4-June-2008)
 Sutherland BPO expands (3-June-2008)
 Capita in India (2-June-2008)
 Tata rural BPO to come up near Orissa steel site (31-May-2008)
 LPO chasing India (30-May-2008)
 Firstsource suitors eye Temasek's holding (29-May-2008)
 More oppurtunities for Indian BPO industry (27-May-2008)
 Gender equality: Women lead the way in rural BPOs (26-May-2008)
 TCS bags deal to process passport applications (24-May-2008)
 Telecom outsourcing deals under Trai lens (20-May-2008)
 Lloyds TSB to offshore 450 jobs to India (17-May-2008)
 KPOs could see US slowdown impact (12-May-2008)
 Infosys BPO to set up KPO hub in Gurgaon (8-May-2008)
 Outsourcing: 20 Indian firms among world's top 100 (1-May-2008)
 Indian offshoring firm targets banks (29-April-2008)
 Datacraft Clinches $2 Million BPO Contract (28-April-2008)
 Indian business up for Accenture (26-April-2008)
 Cambridge Solutions Sets Up New Centre In Chennai (25-April-2008)
 BPO sector a bane or boon for youth? (24-April-2008)
 Carphone Warehouse to set up Indian shop (23-April-2008)
 Mware to invest $100M in India (25-March-2008)
 Wipro to expand in UK (24-March-2008)
 Convergys Announces Multi-Year Contract Renewal With Cox (21-March-2008)
 Indias TCS opens new US centre (18-March-2008)
 Indian offshoring company to open two centres in the U.S (18-March-2008)
 More US contracts on the way to India (17-March-2008)
 Domestic market shines for BPOs (15-March-2008)
 Staff security: BPOs have a new plan (14-March-2008)
 The Indian R&D offshoring scenario (13-March-2008)
 US spend on offshoring declining ? (12-March-2008)
 Indian offshoring firm eyes buys in US and Europe (11-March-2008)
 Indian offshoring company opens up Thailand centre (10-March-2008)
 Hutch to exit 3 Global Services BPO (8-March-2008)
 India no longer top outsourcing destination? (7-March-2008)
 Cipher Dynamics opens BPO operations in India (6-March-2008)
 Indian IT-BPO Aggregate Revenue to hit USD 64 Billion (5-March-2008)
 Infosys eyes Europe, Japan for acquisitions (4-March-2008)
 Outsourced e-publishing in for boom phase (3-March-2008)
 Silence on STPI leaves IT industry dismayed (1-March-2008)
 Infosys opens Latin American BPO unit (29-February-2008)
 The Indian KPO advantage (29-February-2008)
 Global recession slows outsourcing (28-February-2008)
 Convergys Provides Local Managers With International Exposure (27-February-2008)
 Indian publishing BPOs to clock 35% growth: CII (26-February-2008)
 Vertex BPO moving to India (25-February-2008)
 BPO: New tech to ferry staff safely (23-February-2008)
 Now, publishing BPO booms in India (22-February-2008)
 Yahoo shields staff in new armour (21-February-2008)
 Outsourcing not eating US jobs (20-February-2008)
 Outsourcing blip predicted for India (19-February-2008)
 Hexaware plans provision of $25 mn against fraudulent acts (27-November-2007)
 R-ADAG to set up BPO unit in Tirupati (26-November-2007)
 Infra outsourcing biz to hit $8.8 bn by 2010: Everest (2-November-2007)
 Rising stars of Indian IT-BPO industry - CORBUS, RMSI, Hytech Professionals (1-November-2007)
 Now, BPOs ring in Karwa Chauth (30-October-2007)
 Evalueserve plans Europe centre (29-October-2007)
 Rising Rupee claims first BPO victim (27-October-2007)
 Genpact beats Firstsource to bag Citi BPO deal (26-October-2007)
 Rural America a threat to BPO in India? (23-October-2007)
 UK BPO Firms to Ride Wave of Local Government Clients (22-October-2007)
 Book-keeping contracts to remain strong for BPOs: Study (18-October-2007)
 Accentia Tech acquires 3 US BPOs for Rs 80 crore (17-October-2007)
 Offshoring impact in Canada (16-October-2007)
 Are you ready to outsource, a reality check (15-October-2007)
 Captive BPOs perform well in India (10-October-2007)
 BPO staff stressed? Govt plans new norms (9-October-2007)
 Automated Intervention Works Against Call Center Agents (4-October-2007)
 Customer Backlash Drags Call Centers Home (3-October-2007)
 Nasscom express distress on Ramadoss's comment (1-October-2007)
 India favourite destination for outsourcing (30-September-2007)
 Captive BPO centres begin to pay off (27-September-2007)
 Wipro bags $130 mn contract from Thames Water (26-September-2007)
 Usha Martin acquires Converso Contact Centres (25-September-2007)
 EXL looking for acquisitions in eastern Europe (24-September-2007)
 Insurance BPO to create 1 lakh jobs in India (20-September-2007)
 BPOs augur well for old economy firms (19-September-2007)
 Taxmile buy brings end-to-end benefit for 3i (17-September-2007)
 TCS, Wipro, Infy, Capgemini in race for $125-m ING deal (16-September-2007)
 Hero group acquires Scotland's TSC for 40 mn pounds (11-September-2007)
 Tomorrow's Call Center: Two-Way Video Interaction (10-September-2007)
 India star of region's performance in BPOs (3-September-2007)
 3i Infotech buys 51 per cent in HCCA (2-September-2007)
 Sub prime issue to benefit offshoring (30-August-2007)
 IT exports reach trillion rupees (29-August-2007)
 Apparel firms go for outsourcing (28-August-2007)
 Infovision plans expansion; will invest Rs 300 cr (27-August-2007)
 Sub-prime fear now haunts BPOs (23-August-2007)
 India's BPO firms record 47 pc growth: Survey (22-August-2007)
 WNS Global and ExlService look at inorganic growth in LPO (3-August-2007)
 Making Phone Systems More Human (2-August-2007)
 Soon Pune gonna overtake B'lore (24-July-2007)
 Bullish on India, XGS to double staff (23-July-2007)
 Rising rupee: IT, BPO employees may have to work longer (21-July-2007)
 Wipro BPO to focus on non-linear growth (20-July-2007)
 'Gateway to Asia' is the theme of BangaloreIT.in (19-July-2007)
 BPO cos scout for overseas buys (18-July-2007)
 European Outsourcing Contracts Skyrocket (14-July-2007)
 India to be hub of $16.7 bn KPO industry (13-July-2007)
 Is advertising India's next BPO opportunity? (11-July-2007)
 Hillary Clinton changes tune on outsourcing (10-July-2007)
 Sundaram buys 74% in Chennai BPO (7-July-2007)
 HTMT Global to add consulting biz (6-July-2007)
 Dancing to beat the stress at BPO firms (4-July-2007)
 After BPO & KPO, now comes PPO (3-July-2007)
 Outsourcing is a problem: Hillary Clinton (2-July-2007)
 BPOs may now screen recruits for HIV (25-June-2007)
 WNS, Accenture join race for Citi's BPO arm (23-June-2007)
 Indian IT, BPO market to grow at 30 per cent (22-June-2007)
 Are Indian IT, BPO cos losing their sheen? (21-June-2007)
 ICICI, Spanco take over GTL BPO for Rs 253 cr (20-June-2007)
 Two Indian BPOs in 'hot growth' cos' list (19-June-2007)
 Wipro, Airtel win 'Oscars of Outsourcing' (18-June-2007)
 NEA leads 25 mn dlr investment in ISGN Technologies (16-June-2006)
 Top 20 BPO list to witness major churn (15-June-2007)
 Call Center Attrition (14-June-2007)
 Nashik BPOs fail to pay even average salary (13-June-2007)
 BPO major EXL eyes captives of MNCs (12-June-2007)
 India to capture 15pc of global KPO industry: Nath (11-June-2007)
 Printing majors enter outsourcing domain (10-June-2007)
 Karnataka to continue its support to IT/BPO: HDK (25-May-2007)
 Risk factor: Entry barrier to BPO sector (24-May-2007)
 Australian Finance Firms Set for Next Step in BPO (23-May-2007)
 Person-to-Person Offshoring new rival to IT Gaints (17-May-2007)
 TV18 inks media outsourcing alliance with Infosys (16-May-2007)
 India's outsourcing story remains intact...for now (8-May-2007)
 Talent crunch makes RPO hot (7-May-2007)
 Sri Lanka to figure in Outsourcing World (5-May-2007)
 India's small cities favorite for offshoring (4-May-2007)
 Outsourcing grows, deal value drops in India (3-May-2007)
 IT BPO revenues may cross $48bn (2-May-2007)
 Employee verification must in K'taka: Police (20-April-2007)
 Infosys BPO in pact with Karnatak varsity (19-April-2007)
 'Infosys will be $4 billion company by next year' (16-April-2007)
 Outsourcing may see revival in 2007 (15-April-2007)
 Delta Airlines cancels BPO contract with IBM Daksh (5-April-2007)
 IT, ITES growing at 28%: Premji (4-April-2007)
 Office space: B'lore among top 2 cities globally? (31-March-2007)
 Smaller cities emerging outsourcing hubs (30-March-2007)
 Genesys' launches voice platform VoiceGenie 7.1 (27-March-2007)
 Outsource production of simple drugs, says Kamat (26-March-2007)
 IBM set to secure Idea's $700 mn deal (21-March-2007)
 Offshoring: India rules the world (20-March-2007)
 "Indian firms are not ready to take risks" (16-March-2007)
 $2b spent for IT/ITES cos on training in `07 (15-March-2007)
 BPO cos keeping pace with new US timing (13-March-2007)
 Clients arm-twist BPOs (12-March-2007)
 BPO firms worry over service tax, commuting (8-March-2007)
 BPOs move to check data theft (7-March-2007)
 RPG to buy out Fujitsu in Zensar, majority stake (6-March-2007)
 Offshore tech spending by US to rise (5-March-2007)
 Nipuna Services on the prowl (23-February-2007)
 Ayala eyes BPO cos with India presence (22-February-2007)
 Infy BPO plans to set up Latin American centre (20-February-2007)
 IBM Daksh plans centre in Vishakapattinam (19-February-2007)
 Cauvery enrages IT industry; Protests on Feb 18 (16-February-2007)
 Zyme expands Bangalore operations (15-February-2007)
 Govt mulls Rs 100 cr venture fund for IT SMBs (13-February-2007)
 Chrys Cap selling BPO to Aegis (12-February-2007)
 BPOs cutting down on graveyard shifts (8-February-2007)
 US slowdown will not hit outsourcing (7-February-2007)
 Logistics Outsourcing on the Home Front (30-January-2007)
 United States to look beyond IT, BPO in India (29-January-2007)
 GramIT: Taking BPO services to villages (25-January-2007)
 Wipro back on BPO deal street with $50-m chest (24-January-2007)
 Kuoni takes visa facilitation BPO model abroad (22-January-2007)
 UK Outsourcing Giant Acquired by US Equity Firms (21-January-2007)
 Singapore Airlines, Wipro discuss BPO deal (19-January-2007)
 SlashSupport wins Nortel tech services deal (18-January-2007)
 Outsourcing gets fishy (13-January-2007)
 Rakesh Jhunjhunwala picks up stake in Inventurus (12-January-2007)
 It's family first at tech cos & BPOs (9-January-2007)
 Cobra Legal Solutions enters into Chennai (8-January-2007)
 Avoiding Common Outsourcing Pitfalls (4-January-2007)
 Live Chat Customer Service: End of the 'I'm on Hold' Era (3-January-2007)
 i-flex writes program for big BPO play (2-January-2007)
 BPOs on call even during holiday season (1-January-2007)

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