Infosys BPO has decided to
acquire Australia-based Portland Group for AUD 37 million.
“This acquisition would significantly
deepen our capabilities and domain expertise in our Sourcing and Procurement
practice. Further in a dynamic marketplace such as Australasia this will
strengthen the top-end of our service offering in the strategic sourcing and
category management functions,” said Swaminathan D, CEO and MD of Infosys BPO.
Portland Group, a provider of strategic
sourcing and category management services, reported revenue of approximately
AUD 31.3 million for the fiscal year ending 30 June 2011.
“We believe the combination of
Portland Group and Infosys will provide our clients with a highly compelling
proposition that does not currently exist in the sourcing and procurement
services market in Australia. It will allow us to offer our clients a truly
integrated and globally competitive solution to deliver procurement benefits in
the most effective and efficient way possible,” said Gavin Solsky, CEO of Portland Group.
Portland Group’s expertise in strategic
sourcing and category management services is expected to complement Infosys
BPO’s global Sourcing & Procurement capabilities.
Recently, Infosys BPO has launched its Alternative Delivery Model BPO strategy at Kaup in
Karnataka.
The focus areas of this Alternative
Delivery Model include providing the next frontier in flexibility and
competitiveness for clients, enhancing the ability to create a competitive
model for outsourcing and creating a sustainable model to access and provide
long term career options for BPO talent in India.
By Telecomlead.com Team
editor@telecomlead.com
