Features & Opinions
Infosys BPO to Acquire Portland Group
Infosys BPO has signed an agreement to acquire Portland Group Pty Ltd for AUD 37 million. The acquisition of the Australia-based provider of strategic sourcing and category management services is expected to be completed in January 2012.
The new entity combines Infosys BPO's global capabilities with the expertise of more than 110 professionals at Portland Group. It will enable Infosys BPO to better serve clients, especially Australasian, with enhanced sourcing and procurement offerings.
"We believe the combination of Portland Group and Infosys will provide our clients with a highly compelling proposition that does not currently exist in the sourcing and procurement services market in Australia and New Zealand. It will allow us to offer our clients a truly integrated and globally competitive solution to deliver procurement benefits in the most effective and efficient way possible," said Gavin Solsky, CEO of Portland Group Pty Ltd.