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Business Daily from THE HINDU group of publications Wednesday, July 8, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1800 hrs (IST)
Info-Tech EXL buys Schneider Logistics' BPO unit in Czech Republic NEW DELHI: BPO firm ExlService Holdings on Wednesday announced acquiring the BPO unit of US-based Schneider Logistics in Czech Republic as a part of a multi-year outsourcing agreement with the logistics firm. “As part of the transaction, EXL has acquired the operations of Schneider Logistics, SRO in Olomouc, Czech Republic with effect from July 3, 2009,” EXL said in a statement. The deal size, however, was not disclosed. The facility will serve as EXL's third outsourcing service delivery location outside of India and Philippines, it added. The Czech facility currently provides transaction processing services to Schneider and its clients in Europe and the US. It has about 200 employees, who will be transferred to EXL as part of the transaction, the statement said. EXL now has 12 delivery sites located across India, Philippines and Czech Republic. Headquartered in the US, EXL also has offices in New Jersey, London and Singapore. - PTI
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