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Infosys buys captive BPOs of Philips

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  • Published On: July 26, 2007
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India's IT mascot on Wednesday acquired Philips' BPO operations through a $250 million outsourcing contract.Through this acquisition Infosys would get 1,400 employees of Royal Philips three centers in Poland, Thailand and India.In a contract that spans over seven years, in the first year the captive BPOs will serve only Philips but from the second year onwards they will also rope in other clients.
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