Date:15/09/11,
M&A,
Cross Border Deal Announced,
Genpact,a business process and technology management company,signed a definitive agreement to acquire US based media and business research EmPower Research for an undisclosed amount.
The deal is likely to be closed by the end of September, subject to satisfaction of certain customary conditions. Genpact, which went public in the USA in 2007, is backed by private equity firms Oak Hill Capital Management and General Atlantic.
EmPower Research provides a comprehensive range of services including social and traditional media monitoring and measurement, event impact research, brand tracking and data management. Its clients include some of the largest pharmaceutical companies, PR agencies, technology firms and consumer packaged goods (CPG) companies in the world. EmPower Research has approximately 360 employees based in Bangalore, New York, Cincinnati, New Jersey, San Francisco and London.
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