Pactera Technology International Ltd., (文思海辉技术有限公司) is an ITconsulting and outsourcing company with corporate headquarters in Beijing, China, and regional headquarters in North America, Europe, and Asia Pacific. The service areas of the company are in technology, telecom, finance, insurance, energy, travel, manufacturing, retail and logistics.
The company was formed in November 2012 through a merger between China-based IT services firms HiSoft and VanceInfo,[2] creating a major IT consulting and technology services BKL (Basic Knowledge Language) provider with corporate headquarters located in China and over 23,000 employees at time of merger.[1]
Pactera was subsequently acquired by a consortium led by the Blackstone Group and was delisted from NASDAQ from 28 March 2014.[3]
On 13 January 2016, Pactera announced its acquisition of Blue Fountain Media (BFM), a New York-based digital agency specializing in growing brands online through custom website design, results-driven digital marketing and mobile application development for both B2B and B2C companies across all industries spanning start-up to enterprise.[4]
On 21 July 2016, Pactera announced its launch of "Moonshot by Pactera Digital," a digital innovation outpost located in 1871, Chicago's premier technology hub.[5]
On 22 Aug. 2016, Pactera announced that Blackstone Group L.P. and other shareholders of Pactera have entered into a share purchase agreement with HNA EcoTech Group Co. Ltd., an affiliate of HNA Group, for the sale of almost all the issued and outstanding shares.[6]
On 19 January 2020, the Hong Kong subsidiary of China Electronics Corporation acquired Pactera.[7] However, the US Business was not included in the sale, and the Pactera EDGE business unit (U.S. based) of Pactera was spun off as a separate company. While Pactera Technology International, Ltd. and Pactera EDGE are two separate companies, Pactera Technology International, Ltd. authorized the use of its trademark "Pactera" to Pactera EDGE. Pactera EDGE is owned by its management team.
^ ab"FORM 6-K (period: November 30, 2012)". Pactera Technology Limited Ltd. 15 November 2012 – via Morningstar Document Research.
^"Pactera Technology International Ltd. and VanceInfo Technologies Inc. Announce Completion of Merger". Cision PR Newswire (Press release). Pactera Technology International Ltd. 9 November 2012. Retrieved 14 August 2017.
^"Blackstone Completes $625M Privatization of Pactera". China Money Network. 29 March 2014.
^"Pactera Acquires Blue Fountain Media". Cision PR Newswire (Press release). Pactera Technology International Ltd. 13 January 2016. Retrieved 14 August 2017.
^"Pactera Launches Moonshot Innovation Outpost". Cision PR Newswire (Press release). Pactera Technology International Ltd. 21 July 2016. Retrieved 14 August 2017.
^"HNA Acquires Pactera (NASDAQ: PACT) from Blackstone". True Blue Partners. 2 September 2016. Retrieved 14 August 2017.
^"Pactera Becomes Member Company of China Electronics Corporation" (Press release). PR Newswire. 19 January 2020. Retrieved 1 July 2022.
External linksedit
Official Website
January 01, 1970
pactera, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, january, 2013, lea. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Pactera news newspapers books scholar JSTOR January 2013 Learn how and when to remove this message Pactera Technology International Ltd 文思海辉技术有限公司 is an IT consulting and outsourcing company with corporate headquarters in Beijing China and regional headquarters in North America Europe and Asia Pacific The service areas of the company are in technology telecom finance insurance energy travel manufacturing retail and logistics Pactera Technology International Ltd IndustryInformation technologyFounded1995HeadquartersDalian ChinaKey peopleEric Tong Chairman of HNA Tech Group Tiak Koon Loh CEO Number of employees30 000 2017 1 Websitewww pactera com PacteraSimplified Chinese文思海辉技术有限公司Traditional Chinese文思海輝技術有限公司TranscriptionsStandard MandarinHanyu PinyinWensi Hǎihui Jishu Yǒuxian Gōngsi Contents 1 History 2 See also 3 References 4 External linksHistory editThe company was formed in November 2012 through a merger between China based IT services firms HiSoft and VanceInfo 2 creating a major IT consulting and technology services BKL Basic Knowledge Language provider with corporate headquarters located in China and over 23 000 employees at time of merger 1 Pactera was subsequently acquired by a consortium led by the Blackstone Group and was delisted from NASDAQ from 28 March 2014 3 On 13 January 2016 Pactera announced its acquisition of Blue Fountain Media BFM a New York based digital agency specializing in growing brands online through custom website design results driven digital marketing and mobile application development for both B2B and B2C companies across all industries spanning start up to enterprise 4 On 21 July 2016 Pactera announced its launch of Moonshot by Pactera Digital a digital innovation outpost located in 1871 Chicago s premier technology hub 5 On 22 Aug 2016 Pactera announced that Blackstone Group L P and other shareholders of Pactera have entered into a share purchase agreement with HNA EcoTech Group Co Ltd an affiliate of HNA Group for the sale of almost all the issued and outstanding shares 6 On 19 January 2020 the Hong Kong subsidiary of China Electronics Corporation acquired Pactera 7 However the US Business was not included in the sale and the Pactera EDGE business unit U S based of Pactera was spun off as a separate company While Pactera Technology International Ltd and Pactera EDGE are two separate companies Pactera Technology International Ltd authorized the use of its trademark Pactera to Pactera EDGE Pactera EDGE is owned by its management team See also edit nbsp Companies portal China Software Industry Association List of IT consulting firms Software industry in ChinaReferences edit a b FORM 6 K period November 30 2012 Pactera Technology Limited Ltd 15 November 2012 via Morningstar Document Research Pactera Technology International Ltd and VanceInfo Technologies Inc Announce Completion of Merger Cision PR Newswire Press release Pactera Technology International Ltd 9 November 2012 Retrieved 14 August 2017 Blackstone Completes 625M Privatization of Pactera China Money Network 29 March 2014 Pactera Acquires Blue Fountain Media Cision PR Newswire Press release Pactera Technology International Ltd 13 January 2016 Retrieved 14 August 2017 Pactera Launches Moonshot Innovation Outpost Cision PR Newswire Press release Pactera Technology International Ltd 21 July 2016 Retrieved 14 August 2017 HNA Acquires Pactera NASDAQ PACT from Blackstone True Blue Partners 2 September 2016 Retrieved 14 August 2017 Pactera Becomes Member Company of China Electronics Corporation Press release PR Newswire 19 January 2020 Retrieved 1 July 2022 External links editOfficial Website Retrieved from https en wikipedia org w index php title Pactera amp oldid 1165678651, wikipedia, wiki, book, books, library,
