Posted by: Steve Hamm on August 22
Softtek, a Mexico-based IT service provider, flies pretty much under the radar in spite of the fact that it has 5,000 employees in 10 countries. But the company’s Aug. 20 acquisition of I.T. United, a leading China-based outsourcer, signals its global ambitions. Up until now, Softtek had concentrated on near-shore outsourcing and Spanish-speaking markets. The I.T. United purchase shows the ambitions of founder and CEO Blanca TreviƱo. She’ll be someone to watch in the next phase of the outsourcing drama.
Tangentially, Infosys just established its first service delivery center in Latin America. It’s in Monterrey, Mexico. The company’s new CEO, Kris Gopalakrishnan, said the center could expand to employ 1000 people within five years.
Indian companies need to get more non US based clients these days by looking at the swings in capital markets, so it is important for them to get some foothold in Latin America, Eastern Europe and Asia. Infosys is going in the right direction, probably need to do some aggresise M&A in these markets.

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