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Nexus Acquired By Dimension Data

socalTECH

Financial terms of the acquisition were not announced. As part of the acquisition, Dimension Data said it has added 657 employees from Nexus to its operations. As part of the acquisition, Dimension Data said it has added 657 employees from Nexus to its operations. READ MORE>>.

Outsource 191
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The Gores Group Buys GE Healthcare Strategic Sourcing

socalTECH

Los Angeles-based private equity investor The Gores Group announced this morning that it has completed the acquisition of GE Healthcare STrategic Sourcing , from GE Healthcare. and provides electronic billing and electronic medical records outsourcing. Financial terms of the buy were not disclosed.

Outsource 153
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Some Quick Thoughts on Exits for Technology Startups

Both Sides of the Table

Outsourcing can be cheap. Both can hurt you in an acquisition. You need to understand motives of buyer (talent, product, revenue, strategic purchase) and where you fit in. People hate to acknowledge that location of team matters. Often it does. Remote teams can be higher retention for staff.

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UST Global Buys Four Companies, Makes Investments

socalTECH

Aliso VIejo-based UST Global , a provider of IT services and outsourcing, said today that it has acquired four different companies over the past six months expanding its workforce in the US, ASia, India, Europe, and Latin America. Financial details of those acquisitions were not announced. READ MORE>>.

Invest 138
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Xavient Acquires Vision360

socalTECH

Simi Valley-based Xavient Information Systems , a provider of IT outsourcing services, and Virginia-based Vision360 , a provider of custom software development, testing, and other services for the telecommunications industry, said today that they are in a definitive merger agreement, where Xavient will acquired Vision360.

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HandsOn3 Buys BancTec

socalTECH

Santa Monica-based buyout fund HandsOn3 said Thursday that it has acquired BancTec , a business process outsourcing (BPO) company based in Dallas, Texas. banctec handson3 buyout private equity merger acquisition business process outsourcing dataforce group' Financial terms of the buy were not disclosed. READ MORE>>.

Outsource 138
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ClearLight Partners Sells Portfolio Firm

socalTECH

Newport Beach-based private equity firm ClearLight Partners said earlier this week that it has agreed to sell The Outsource Group , one of its portfolio companies, to Parallon Business Solutions , a subsidiary of HCA Holdings. The OutSource Group was based in St. Financial terms of the deal wre not disclosed. READ MORE>>.

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