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Tech Mahindra Buys 75 Percent Stake in Fix Stream

Tech Mahindra Buys 75 Percent Stake in Fix Stream

By Narayan Ammachchi Indian outsourcing firm Tech Mahindra has agreed to acquire 75% stake in US-based Big Data analytics firm Fix Stream Networks Inc (FSNI) for about US$10 million. The Pune, India-based BPO provider has stated the Fix Stream would ...

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Xerox Acquires Smart Data to Bolster e-Discovery Service

Xerox Acquires Smart Data to Bolster e-Discovery Service

By Narayan Ammachchi Xerox Corp. has acquired Smart Data Consulting, thus expanding its e-discovery services and technology consulting capabilities. Financial terms of the deal have not been disclosed. New York City-based Smart Data will also help Xerox bolster its managed ...

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Latin America Becomes TCS’ Second Fastest Growing Market

Latin America Becomes TCS’ Second Fastest Growing Market

By Narayan Ammachi Outsourcing giant TCS has reported a 51.5% rise in fourth-quarter net profit, with Latin America becoming its second fastest growing region after continental Europe. The Mumbai, India-based IT outsourcer stated that it is optimistic about winning more ...

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