Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, April 6, 2011

Genpact to purchase Headstrong Corp for $550 million

Business process and technology services provider Genpact Ltd has agreed to buy Headstrong Corp, a provider of consulting and IT services, for $550 million in cash to expand into the capital markets business. Genpact expects the deal to add to earnings in 2011. (Reporting by Supantha Mukherjee in Bangalore;Editing by Vyas Mohan)

Source