• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » Intelenet’s takeover by Teleperformance gets watchdog’s nod

Intelenet’s takeover by Teleperformance gets watchdog’s nod

handshake 3
handshake

India’s fair competition watchdog has approved the acquisition of Mumbai-based business process outsourcing (BPO) firm Intelenet by French outsourcing firm Teleperformance. In a tweet, the Competition Commission of India confirmed that it has given its approval for the acquisition of Intelenet BPO and Intelenet Global Services by Dutch Contact Centers, a subsidiary of Teleperformance. Teleperformance beat other bidders to acquire Intelenet, owned by Blackstone, with a US$1 billion offer. This will be the second largest India-focused transaction for Teleperformance in recent years, having acquired parts of Essar Group’s BPO business in 2014. Founded in 2000, Intelenet, currently headed by Bhupender Singh as the CEO, employs more than 55,000 people across eight countries, including the US, UK, India and the Philippines. According to Teleperformance, the deal is expected to close by September this year.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image