BPO major Genpact has said it will acquire US-based Triumph Engineering, which provides engineering and technical services to aviation, energy, and oil and gas industries, for an undisclosed amount.
Triumph enhances Genpact's services portfolio for the infrastructure and manufacturing sector by adding capabilities in the large and high-growth segment of engineering and technical services, Genpact said in a statement. Closing is subject to satisfaction of certain customary conditions, it added.
Chennai Engineering Colleges"We are seeing a huge demand for engineering services in highly technology-intensive industries like aviation, energy and oil and gas.
Engineering Graduation"This acquisition will allow us to combine Triumph's onsite expertise and depth in engineering with our global scale, end-to-end process management, analytics, and technology capabilities to meet this growing demand," Genpact president and CEO NV Tyagarajan said. As part of the deal, 90 Triumph employees will become part of Genpact's Infrastructure, Manufacturing and Services (IMS) vertical, it said.
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