Aegis BPO acquires TeleTech Services
Mumbai,
Nov
14:
Aegis
BPO,
an
Essar
Group
company,
today
acquired
TeleTech
Services
at
USD
13
million
in
an
all
cash
deal.
TeleTech
Services
is
a
joint
venture
of
TeleTech
Europe
and
Bharti
Ventures.
TeleTech's presence in the BPO segment in Indian market is expected to bring an additional revenue of USD 50 million. Moreover, TeleTech will also bring in four overseas clients to Aegis.
Announcing the acquisition here today, Aegis BPO MD and CEO Aparup Sengupta said, ''The acquisition is in line with our strategy of growing the business in India in our chosen segment.'' This is the seventh acquisition in the last two years by Aegis which has clients in different verticals of BPO industry. Aegis employs more than 14,000 people across 23 centres world-wide.
UNI