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Infosys BPO buys outsourcing arm of Marsh & McLennan

Source : BUSINESS_STANDARD
Last Updated: Tue, Sep 11, 2012 04:07 hrs
Engineers work in the control room at Infosys Technologies campus at Electronics City in Bangalore J..

Infosys BPO, the business process outsourcing (BPO) arm of Infosys Ltd, on Monday said it had acquired Marsh BPO, the business process outsourcing arm of the US-based Marsh & McLennan Companies, for an undisclosed amount.

The company said the acquisition would give it annualised revenue of $10-12 million.

Swaminathan D, chief executive officer and managing director of said the company aims to retain all the 87 employees of Marsh BPO, who are located in Des Moines, lowa in the US.

The company also plans to recruit 20-25 employees in Des Moines, in the next two-three months, he added.

which closed its financial year 2011-12 with a revenue of $494.5 million, employs 23,288 people.

Infosys BPO is an end-to-end outsourcing services provider, operating in the Americas, Asia Pacific, Australia and Europe.

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