News : SPi Global Acquires China Company
May 12, 2014 -- Outsourcing firm SPi Global has expanded its services to China after it completed the acquisition of Bachieve International Inc. The amount of the acquisition deal was not disclosed.
The takeover of Bachieve paved the way for the formation of SPi Global (Xi’An) Information Technology Ltd., which will have 260 employees focused on business-process outsourcing (BPO), information-technology outsourcing, management consulting services, and call-center solutions. Xi’an is the BPO capital of Western China.
SPi Global President and Chief Executive Officer (CEO) Maulik Parekh said the geographic expansion further strengthens the company’s delivery operations in Asia and complements existing operational strengths in India and the Philippines.
The acquisition also affords the company access to a new market. "China is a welcome addition to our global footprint. Having the option of delivering services from China will benefit our existing and future clients with the vast resources and talents available in the region," Parekh said.
For his part, Bachieve CEO Zhikui Chen said: "We are pleased to have attracted a strong partner for our business.
With SPi Global’s experience, we are looking forward to strengthening our operations and further expanding our network for growth and development." Parekh noted that SPi Global (Xi’An) is a gateway to the wave of development in China toward the west. It will also serve as hub for other key markets in Asia where publishing and content conversion solutions are in demand.
"We believe Xi’An is the ideal location to capitalize on this wave of growth," Parekh added.
Posted by Veronica Silva Cusi, news correspondent
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About SPi Global:
SPi Global Solutions is one of the world's largest and most diversified Knowledge Process Outsourcing and Customer Interaction service providers in the industry in terms of clients, geographic presence, and capabilities with more than 14,000 dedicated employees globally. For more than 30 years, we have been offering Fortune 500 companies a full roster of high quality, innovative, end-to-end solutions. Our clients look to us for: 22a wide range of voice and non-voice BPO solutions 22the broadest global delivery network with 24 locations spanning North America, Europe, and Asia 22the ability to effectively combine deep domain knowledge with our core capabilities to deliver high quality, single source solutions that provide cost-efficiencies, scalability and exceptional customer care.
Published: Tuesday, May 13, 2014
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