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UDS acquires majority stake in Athena BPO

Chennai (Tamil Nadu) [India], January 18 (ANI/PRNewswire): Updater Services Limited ('UDS'), a Chennai-based business support services firm, today announced that it has acquired a controlling interest in Athena, a BFSI tele sales BPO. This acquisition will add to UDS' competencies in the business services space, and also drive synergies between other portfolio companies of the group. The investment will also enable Athena's geographical expansion and help it turn global in its outlook. Incorporated in 1993, Athena is a BPO service provider across the BFSI segment, and also has a presence in consumer and telecom verticals. The company has demonstrated capabilities in business development across multiple products. Speaking about this investment, Raghunandana Tangirala, [Founder, CEO and Managing Director] of Updater Services, said, "Athena is a growing organization, catering to one of the high growth industries, with its wide range of products, driving results for it ....

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