The Economic Times is one of many sites carrying a report on IBM's takeover of Indian BPO provider Daksh.
The exact size of the deal is not available, but estimates ranged from Rs 560 crore ($130 million) to Rs 750 crore ($170 million). This is the largest deal so far in the Indian BPO industry, exceeding the $99-million pact (Rs 465 crore) through which software services company Wipro acquired Spectramind, the country's largest BPO firm.
Not a bad return for a 4 year investment :S
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