Friday, March 23, 2007

ACS Going Private

ACS is the latest oursourcer to go private. Seems to be some sort of trend. First Lason, then SourceCorp, then the biggest one of them all. I can understand that Lason was in dire straits and SourceCorp, was exactly blowing the market out of the water, but ACS has been pretty darn successful on the public market over the past five years. What's the motivation for going private? I read the same thing about another technology-driven industry recently - that a lot of the pubic companies were expected to go private. Is is that the market is so volitile right now?

Oh yes, speaking of Lason, it was recently acquired by an Indian BPO specialist.

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