Share using #GreyhoundStandpoint
Tag: Blackstone
DXC Technology To Hire 10,000 People In India With Focus On Digital
DXC Technology plans to hire over 10000 people in India this year with a strong focus on candidates with digital technology skills, as the company looks to transform faster remain competitive. The US-headquartered tech services major, which was founded in 2017…
Small Contracts Are A Big Deal For IT
Share using #GreyhoundStandpoint
Mphasis Eyes Double-Digit Revenue From Blackstone
Mphasis is eyeing double-digit revenue contribution from companies in the portfolio of Blackstone, American private equity firm that owns a majority stake in the software services firm, up from around 5% at present, said its chief executive Nitin Rakesh. Historically, the IT and business…
DXC’s Acquisition of Luxoft Will Likely Reduce Its Dependency On Mphasis
DXC Technology’s decision to acquire niche engineering services firm Luxoft may be considered as a step towards eventually reducing its dependency on Mphasis, said analysts. DXC, an IT and digital services company, was formed in April 2017 after the merger of CSC and the…
Private Equity Firms See Gold In Mid-Size Indian IT Firms
Share using #GreyhoundStandpoint
Blackstone India takes Mphasis off HP’s hands for ₹7,100 crore
Private equity player Blackstone India announced that it will buy Bengaluru-based Mphasis for ₹7,100 crore, making it the largest deal in India and bringing to a close speculation over the future of Mphasis. The PE major will acquire Hewlett-Packard’s 60.5…
Blackstone buys Serco BPO operations for £250 million
Private equity firm Blackstone has acquired a majority stake in Serco’s BPO operations for £250 million (₹2,558 crore). This is the largest such deal for Blackstone in India. The sale does not include the UK business of Serco Global Services,…
Blackstone In Race To Acquire Serco’s BPO Unit
Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago. According to sources, Serco is in…
Blackstone In Race For Serco’s Bpo Arm
Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago. “Blackstone’s entry in the bidding is…
Blackstone In Race To Acquire Serco’s BPO Unit
Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago. According to sources, Serco is in…
PE Firm Blackstone May Buy Back Intelenet
Private equity giant Blackstone has made an offer to buy back the Indian BPO unit of the London-listed Serco, as formal bids were fired last week for the asset put on the block, people familiar with the matter said, according…