Pactera

{{Infobox company 

 name     = Pactera Technology International Ltd. 
 logo     =  
 industry         = Information technology 
 foundation       = 1995 
 location         = Dalian, China 
 key_people       = Eric Tong (Chairman of HNA Tech Group), Tiak Koon Loh (CEO) 
 num_employees    = 30,000 (2017)[1] 
 parent           = 
 divisions        = 
 subsid           = 
 footnotes        = 
 homepage         = www.pactera.com

}}

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.

History

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 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 January 13, 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 July 21, 2016, Pactera announced its launch of "Moonshot by Pactera Digital," a digital innovation outpost located in 1871, Chicago's premier technology hub.[5]

On Aug. 22, 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]

See also

References

  1. 1 2 "2012 3rd Quarter Report". Pactera Technology Limited Ltd. Retrieved 30 November 2012.
  2. ↑ "Pactera Technology International Ltd. and VanceInfo Technologies Inc. Announce Completion of Merger". PR Newswire. Retrieved 9 November 2012.
  3. ↑ "Blackstone Completes $625M Privatization Of Pactera - China Money Network - Daily News on China's Private Equity, Hedge Funds, and Venture Capital Industry".
  4. ↑ Ltd., Pactera Technology International. "Pactera Acquires Blue Fountain Media". www.prnewswire.com. Retrieved 2017-08-14.
  5. ↑ Ltd., Pactera Technology International. "Pactera Launches Moonshot Innovation Outpost". www.prnewswire.com. Retrieved 2017-08-14.
  6. ↑ "HNA Acquires Pactera (NASDAQ: PACT) from Blackstone". truebluepartners.com. Retrieved 2017-08-14.
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