Papular Content
Michael Jackson's sudden death
The 50-year-old musical superstar died Thursday, just as he was preparing for what would be a series of 50 concerts s...Seventeen dead in US air crash
Washington - A small passenger plane crashed Sunday in the western state Montana, killing at least 17 people includi...
South African robbers caught red-handed by visiting Brazilian cops
Johannesburg - Two Brazilian policemen who are in South Africa to observe preparations for the 2010 football World Cu...Microsoft and Yahoo said close to search deal
San Francisco - Microsoft and Yahoo are close to signing a deal to collaborate on search and advertising in a bid to...Planning Commission to moderate growth target
New Delhi, July 8 : The Planning Commission on Wednesday began the Mid-Term Review of its 11th Plan to moderate the n...
Home 
Tech World Tech World Aegis acquires South Africa-based CCN Group
Tech World Tech World Aegis acquires South Africa-based CCN Group
| Aegis acquires South Africa-based CCN Group |
 |
 |
 |
| Written by Deepak Joshi |
| Thursday, 09 July 2009 21:10 |
 Aegis Ltd., the global IT services outsourcing arm of the Essar Group, has acquired South Africa-based outsourcing firm CCN Group PTY Ltd to expand its presence in the African country.Sources reported that, the company will invest $60 million in the next three years in South Africa. However, the company declined to comment on the deal size. Apart from latest development, Aegis plans to hire 4,000 people for the entity in next three years, which is a step towards its commitment to creating 5,000 jobs in South Africa over a period of time. The company officials believe that CCN is a strategic fit for Aegis and South Africa is an integral part of its growth strategy. |