April 26, 2018 4:32 AM ET

IT Services

Company Overview of Pactera Technology International Ltd.

Company Overview

Pactera Technology International Ltd., through its subsidiaries, provides consulting and technology services in the People’s Republic of China. It offers IT consulting, research and development, and business process outsourcing services to a range of multinational firms through an integrated network of onsite and offsite delivery locations in Greater China, the United States, Japan, Europe, Singapore, Australia, Malaysia, Indonesia, and Mauritius. The company’s IT services include consulting and packaged software services; and application development, testing, and maintenance services for custom applications. Its research and development services comprise software and hardware testing, as we...

Building C-4, No.66

Xixiaokou Road

Haidian District

Beijing,  100192

China

Founded in 1996

22,068 Employees

Phone:

86 10 5987 5000

Fax:

86 10 5987 5050

Key Executives for Pactera Technology International Ltd.

Chief Executive Officer, Member of Management Board and Director
Age: 59
Chief Financial Officer and Member of Management Board
Age: 55
Executive Vice President, General Manager of Japan Business Group and Member of Management Board
Age: 48
Corporate Executive VP, GM of NA&EU Business Group and Member of Management Board
Age: 46
Executive VP, GM of Banking Finance, Securities & Insurance Business Group and Member of Mgmt Board
Compensation as of Fiscal Year 2017.

Pactera Technology International Ltd. Key Developments

Pactera Technology International Ltd. Expands to India with New Office in Hyderabad

Pactera Technology International Ltd. announced the expansion of its offices into the city of Hyderabad. Located in the heart of the Hyderabad Information Technology and Engineering Consulting City, one of India's top two IT hubs for software exports and home of nearly 3,000 IT businesses, the office will serve as an incubator for Pactera's expanding foothold in the Asia Pacific region. Providing support for key business functions, the office space is designed to foster new concept and product development through enhanced digital technology innovation. The new office also reflects Pactera's strategic focus on becoming an industry leading provider of IT services on a global scale.

Pactera's Deal To Acquire Jersey Holding Reportedly Fails

On December 6, 2017, Ness Technologies Inc. and Jersey Holdings Corp. filed a civil action in New York State court against Pactera Technology International Limited and HNA Group Co., Ltd. for alleged injuries arising from the failed sale of Jersey Holdings to Pactera. According to the Complaint, on March 31, 2017, Ness Technologies allegedly entered into an agreement with Pactera, with the purchase price guaranteed by HNA Group, to sell Jersey Holding, which holds subsidiaries engaged in providing “platform development and digital product engineering services to customers worldwide.”

Goldman Suspends IPO For Pectera

The Goldman Sachs Group, Inc. (NYSE:GS) has reportedly suspended its preliminary work on a planned initial public offering for Pactera Technology International Ltd. Goldman was not formally mandated for the IPO, which was in the early stages, but had been tapping investors for the firm’s pre-IPO fundraising round. The sources said the suspension of work on the IPO by Goldman could delay Pactera’s plan to list next year.

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Recent Private Companies Transactions

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