Infosys bags outsourcing contract from Microsoft

Matador Legal — Fri, 19 Jun 2009 14:38:25 +0000

Microsoft has awarded a $10 million outsourcing contract to Infosys. This contract would run for three years and involves data processing, according to Economic Times. Microsoft had outsourced other IT related work to HCL and MidTree before.

It is reported that Infosys BPO is on the verge of bagging another outsourcing contract from Alcatel-Lucent.

http://economictimes.indiatimes.com/Infotech/Infosys-bags-10-mn-Microsoft-deal-/articleshow/4669031.cms

UBS may divest BPO and KPO units in India and Poland

Matador Legal — Fri, 19 Jun 2009 13:55:50 +0000

According to an article in Economic Times, UBS, a Swiss banking major is in talks to divest its BPO and KPO operations in India.UBS is in talks with major IT players in India like Infosys and Wipro.

UBS has two captives, one in Hyderabad, India and another in Poland. These centers are together rumored to be valued at around $200 million. About a couple of months back, the analytics unit at Hyderabad was part of a management led buyout. Now the top management and UBS each have a 50% stake in the analytics unit. This unit, know as Verity Knowledge Solutions is not part of this deal.

Sometime back, Basab Pradhan had commented as to why outsourcing captives do not work. Basab’s articles can be found here and here. (One was written in May 2007 and another in May 2008)

Basab argues that these captives did not make financial sense in the first place and if Indian companies go ahead and buy these, it does not appear to be a sensible thing for them to do as well.

Matador Legal » BPO

Infosys bags outsourcing contract from Microsoft

UBS may divest BPO and KPO units in India and Poland