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EXL Acquires American Express Business Travel's Back Office
Published on: March 2, 2010
ExlService Holdings, Inc. said that it has closed the acquisition of American Express' Global Travel Service Center (GTSC) operations on March 1. In conjunction with the closing, EXL will begin delivering service for American Express under a new eight-year agreement to service American Express Business Travel's back office, and estimates achieving more than $160 million in revenues over the life of the contract. Through this transaction, EXL will deepen its relationship with one of its key strategic clients as well as expand its capability set in analytics, exception processing, and transaction processing. For more information, visit www.exlservice.com.
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