Daily Archives: August 7, 2007
Equity Firm Pours $48 Million Into Chinese IT Outsourcing Company
One of the world’s largest technology investment firms announced today that it will sink $48 million in private equity into DarwinSuzsoft, a Chinese company that specializes in IT outsourcing.The deal by Francisco Partners, which has $5 billion in capital, demonstrates … Continue reading
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U.S. Firm Alleges Infosys is holding its data hostage offshore
A provider of spend management services says one of India’s largest outsourcers is holding its data hostage at an offshore location and is refusing to return the information unless legal claims against it are dropped.New York City-based The Buying Triangle … Continue reading
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