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news.As a part of the company's overall strategy to scale through strategic initiatives such as acquisitions
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CDC Global Services, a wholly-owned subsidiary of CDC Corporation, has signed a binding term sheet to acquire an IT services provider primarily focused on business intelligence solutions for the healthcare market.
In the event the acquisition is completed, the company’s solutions and services will be offered with CDC Global Services’ full services portfolio, that include IT consulting services, project management, managed help desk solutions and BPO offerings.
Rajan Vaz, managing director of CDC Global Services, said: “We are excited to announce plans to acquire this company which is part of our overall strategy to scale through strategic initiatives such as acquisitions.
“Their solution and services offerings, particularly their expertise in healthcare, complement CDC Global Services’ services portfolio, as well as our target markets while giving us greater scalability in our operations.,” he added.