MoneyWorks4Me

Mahindra Satyam acquires vCustomer’s BPO biz for $27 m

09 Mar 2012 Evaluate

Mahindra Satyam acquired Delhi-based vCustomer’s BPO for $27 million. This is the first 100% acquisition by Mahindra Satyam since it became part of Mahindra Group. The acquisition marks the entry of Mahindra Satyam’s BPO operations into other verticals such as retail and consumer technology in addition to enhancing its technical support business. vCustomer has harnessed formidable expertise and a diversified geographical presence across retail and consumer technology sectors. Mahindra Satyam’s synergy and commitment to investment in business growth will spur growth plans and help build new service offerings.

Peers
Company Name CMP
TCS 2533.90
Infosys 1159.60
HCL Technologies 1423.50
Wipro 190.20
Tech Mahindra 1793.80
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