Business processing specialist Xchanging plc (LON:XCH) has snapped up Data Integration Ltd, a privately owned provider of security and communications technology for up to £9 million.
UK based Data Integration, which generated revenues of £14.5 million in the year ending 31 March 2010, was already part of FTSE 250 constituent Xchanging’s preferred partner network. The company offers a range of network security solutions to both the public and private sector.
"We see an exciting future for us together as BPO services are increasingly delivered through cloud computing-based technologies. Xchanging and DI have already created this electronic managed service for claims handling with the London insurance market - a leading example of the power of new generation technologies in business processing,” David Andrews, CEO of Xchanging said.
http://www.proactiveinvestors.co.uk/companies/news/17901/xchanging-snaps-up-network-security-business-data-integration-for-up-to-9-million-17901.html
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