Dex One collaborates with HCL Tech for digital platform

Dex One Corporation, an US based marketing consultancy will partner with India’s leading software services firm HCL Technologies for its digital platform. The development is being seen as result of cost cutting measures by HCL. The cost cutting initiative will be whopping $140 million in 2011. However, the financial details of the deal were not declared by the either of the firms.
“Dex One will realign its IT operations to integrate and collaborate with HCL for a number of IT services, which will be supported by HCL locations in Cary, N.C. (North Carolina) and India,” Dex One said in a statement.
U.S. companies typically outsource IT-related work to Indian firms, which may see jobs getting transferred, or may even result in workforce diminution.

Similar Read:  Fundingwire - Mobile Gaming Startup PlaySimple Games Secures $4M & More Funding Updates
Category