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Article: United States : Sykes buys fellow outsourcing company ICT Group for $263M.
- Article from:
- TendersInfo
- Article date:
- October 8, 2009
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Tampa-based Sykes Enterprises has agreed to buy fellow outsourcing firm ICT Group Inc. for $263 million in a deal that catapults Sykes into the bay area's top 10 largest public companies.
The acquisition announced Tuesday the largest in Sykes' 32-year history creates a combined company with $1.2 billion in revenue, more than 50,000 employees and a global footprint of call centers in 23 countries.
It gives Sykes an entry point into Mexico, India and Australia, adds customers in new categories like health care and government and is a big boost to Sykes' network catering to financial services companies.
Chuck Sykes, president and CEO of the firm ...