Corporate Acquisitions

Another Day, Another Outsourcing Acquisition

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In Brief...

A few days later on Nov. 10, Accenture announced that it had successfully acquired Beijing-based software company Mogenesis, a provider of mobile software outsourcing services. Accenture also completed its acquisition of Ariba, Inc.'s (ARBA) Ariba Sourcing Services on Nov. 19, an acquisition that had been announced a month earlier. Financial news and information provider Thomson Reuters (TRI) announced Nov. 18 that it is acquiring legal process outsourcing services provider, Pangea3. This is particularly important as law firms and general counsel adjust to the realities of the 'new normal,' where efficiency, quality and responsiveness are paramount," signaling Thomson Reuters entree into the highly-competitive legal process outsourcing (LPO) business.. Days before Thomson Reuters' move, the news making the rounds was about the Nov. 11 acquisition of legal process outsourcing company LawScribe by UnitedLex..

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