Multiple choice

Identify the IT solutions and BPO service provider which acquired a US-based company for $20-$40 million.

  1. Talisman

  2. Hexware Technologies

  3. E-yantra

  4. Wipro

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Hexaware Technologies (note: name has minor typo as Hexware in options) is an Indian IT solutions and BPO service provider that acquired US-based companies. The company made several acquisitions in the $20-40 million range during its expansion phase in the early 2000s. This was part of the inorganic growth strategy adopted by mid-tier Indian IT companies.