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News : WNS to Acquire Value Edge Research Services
New York & Mumbai, India Mar. 11, 2016 -- WNS (Holdings) Limited (WNS) (NYSE: WNS), a provider of global Business Process Management (BPM) services, announced that on March 11, 2016 the company entered into a definitive agreement to acquire Value Edge Research Services Pvt. Ltd., a provider of commercial research and analytics services to clients in the Pharma / Biopharma industry.
"The acquisition of Value Edge deepens our domain and specialized analytical capabilities in the growing pharma market, and provides WNS with a technology asset which is leverageable across clients and industries," said Keshav Murugesh, WNS’ Chief Executive Officer. "We are thrilled to welcome Value Edge’s talented industry experts to the WNS family, and look forward to jointly creating new opportunities and true business value for our clients."
"Value Edge is excited to partner with WNS, and the combination of our firms’ respective capabilities will enable us to help clients in the Pharma / Bio-Pharma industry improve their competitive positioning," said Rohit Anand, Value Edge’s Founder and Managing Director. "We believe WNS’ global size and strength will allow us to tap new areas of demand, drive deeper relationships and expand our offerings."
The acquisition of Value Edge is subject to Reserve Bank of India (RBI) approval and other customary closing conditions, and is expected to close in the first quarter of fiscal 2017.
Laura Collins, Editorial Management
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About WNS Global Services:
WNS Global Services is a large global Business Process Outsourcing company headquartered in Mumbai, India. WNS formerly stood for World Network Services.
About Value Edge Research Services Pvt. Ltd.:
Integrate Edge is a cloud based, web 2.0, competitive intelligence platform that integrates Competitive Intelligence from a vast number of proprietary and public domain sources, providing a platform to collaborate and share customized competitive analytics.
Published: Wednesday, March 16, 2016