Tuesday, February 6, 2018

Xavient Information Systems Acquired By TELUS

Simi Valley-based Xavient Information Systems, a provider of outsourced IT services, has been acquired by TELUS International, the two announced this morning. The deal--which had been announced in October--was worth an estimated $250M. Xavient has more than 1,800 employees, in sites both in the U.S. and India. Xavient was founded and was led by serial entrepreneur Rajeev Tandon. TELUS International was advised by Rothschild, and Xavient was advised by Citibank in the acquisition deal.