indias-first-listed-bpo-announces-acquisition

India's first listed BPO announces acquisition

Leading Indian outsourcing company, WNS Holdings, will acquire Marketics Technologies to consolidate its position in the fast-growing knowledge processing arena.
Business process outsourcing BPO company WNS Holdings will acquire Bangalore-based analytics services company Marketics Technologies for up to $65 million in cash.

The acquisition will supplement the knowledge business of WNS which provides market research, business and financial research, and analytics services. The existing clients of WNS are in the travel, banking, financial services and insurance industries. With the Marketics acquisition, WNS will add capability in the consumer goods, retail, and media and entertainment sectors.

WNS will pay $30 million at the closing of the deal and an additional earn-out payment of up to $35 million over a 12-month period, financing the acquisition off its balance sheet. WNS did not release financial data of the...
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