• Vol 1 Issue 2 JAN 2008

Top Ten Trends | Recent Mergers & Acquisitions Tholons is proud to present the largest Global Conference for Services Globalization - e-Services: Centers of Excellence. Tholons along with Department of Trade & Industry (DTI) and CITEM invites you to join us in Manila to share the latest from the best around the world in the Outsourcing Industry. READ FULL STORY Avinash VashisthaChairman, Tholons The industry faced tough pressures through supply constraints, rising wages, appreciating Rupee/Peso and a smarter buyer. The top players did really well to come out of what could have been troubled waters. READ FULL STORY Top Ten Trends in Services Globalization -2008 Globalization has taken a strong turn in the past few years. Drivers have shifted from mere cost arbitrage to more strategic fulfillments such as organic business growth across geographies and reduction in time to market. Many of our predications for 2007 are now established business trends. The emerging trends that we see taking shape in the services globalization space is expected to have a strong impact in shaping the future of global outsourcing. READ FULL STORY Details and Analysisby Tholons Acquirer Acquiree Location Deal Size Domain Rating IBM Arsenal Digital Solutions USA, Inc US NA IT Serv. Ybrant Technolo- gies Ltd Oridian Israel $13.0 million e-services TOTVS S.A BCS Brazil $30.0 million IT Soft. Rocket Software, Inc Netmanage, Inc US $64.0 million IT Soft. Radiant Systems, Inc Quest Retail Technology Pty Ltd US $54.0 million IT Serv. Edgewater Technology, Inc Verticle Pitch LLC US $20.0 million IT Soft. NCO Group Outsourcing Solutions, Inc US $325 million BPO PacificNet Octavian Internatio- nal Ltd UK NA Gaming Koninklijke Philips Electronics NV VISICU US $267.0 million IT Serv. Cybercom Group Plenware Oy Finland $58.0 million IT Consult. SEE M&A DEALS www.tholons.com Trends in M&A for 2008 Here, we present the analysis of deals globally for the year 2007, the critical events, and how they promise to impact the M&A activity in the near future. THOLONS NEWS & EVENTS Growth potential keeps BPOs in M&A action – Economic Times IT Cos Take Fixed-Price Route to Boost Margins – Livemint Indian IT Companies Tapping Foreign Resumes – Economic Times INDUSTRY NEWS The Benefits of Outsourcing for Small Businesses – New York Times India's IT Outsourcers Face Increasing Costs – Financial Times Outsourcing Moves Closer to Home – CIO Today M&A DEALS CLICK TO VIEW

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