Genpact,Indias largest business process outsourcing firm on Tuesday acquired Triumph Engineering of US,which provides engineering and technical services to aviation and energy industries.
The company has made seven acquisitions in the last 18 months. This is the third acquisition by the company in the first half of the current calender year 2012. Earlier this year,it had bought Atyati Technologies Accounting Plaza.
Although company officials could not be reached,analysts say all of these buys are meant to strengthen the BPOs horizontals around high-end services like analytics,infrastructure management and process management which it calls smart decision services (SDS).
The company already has a roadmap to take the SDS division to $1 billion in three to five years.
For the first quarter ended March 31,business process management revenues from its global clients grew 20.2 per cent and were led by 61.4 per cent growth in SDS,which comprises re-engineering,analytics,business consulting and enterprise risk consulting businesses.
The spree of acquisitions at the NYSE-listed BPO firm began last year when it acquired US-based consulting and IT services company Headstrong for $550 million. This was followed by the acquisition of US-based Akritiv Technologies,a provider of cloud-based order-to-cash technology solutions,and media and business research firm EmPower Research.
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