Zensar Technologies signs multi-million dollar deals in US
News | 22 Aug 2013
Software services firm Zensar Technologies BSE 1.23 % today said it has signed multi-million dollar deals in the US including a five-year infrastructure outsourcing contract with a direct selling firm The RPG Group company, however, did not reveal the total size of the deals. "Zensar has signed a five-year total infrastructure outsourcing deal with a world leading direct selling company for five of its remote sites," the company said in a filing to the BSE. As part of the strategic agreement, Zensar will establish a dedicated shared service and offshore support centre for the client, it added. "The second quarter has been good with large strategic deals in the pipeline getting converted, across the application and infrastructure business. The key amongst them include multi-million dollar deals with a large direct selling company and a care management organisation," Zensar Technologies CEO and Vice-Chairman Ganesh Natarajan said. It will also work with a leading healthcare management organisation providing it infrastructure services for migration of data centres to cloud technology, the filing said. Zensar has robust pipeline of over $250 million of new business and expects all business lines to do well in the current financial year, the filing said. The firm had posted 11.6 per cent rise in net profit at Rs 60.94 crore for the quarter ended June 30, 2013 as against Rs 54.56 crore in the year ago period.