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Xchanging snaps up network security business Data Integration for up to £9 million

Xchanging snaps up network security business Data Integration for up to £9 million

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.

View full XCH profile View Profile

Xchanging Plc Timeline

Newswire
February 09 2011

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