Eclerx is an Indian knowledge
process outsourcing company based in Mumbai. Eclerx is a public limited company
whose shares are listed on the Bombay Stock Exchange and National Stock
Exchange of India. In April 2012, Eclerx acquired Agilyst Inc. to grow its
footprint in the U.S. cable and telecom industry.
Recently, KPO Company said it agreed
to buy Italian Digital services firm CLX Europe for not more than 25 Million
euros, as it looks to increase its retail business and expand into Europe. CLX
Europe helps create, manage and deliver media content to support marketing,
communication, and branding for retail companies. It has more than 75 clients
including leading UK and European retailers, publishers and luxury goods
companies. It employs about 300 people.
CLX will operate as a subsidiary of
Eclerx services and its current management team will continue to manage day to
day operations. The transaction will be funded through Eclerx internal
accruals. Eclerx offers data analysis and data process solutions to the retail,
manufacturing, and financial services industries. This is the only significant
listed company in the country in the KPO space. The firm has five delivery
centers in Mumbai, Pune, and Chandigarh.
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