Rumor is stronger than before and some internal sources say this is true, however, no one knows exactly which company is BV selling to. It is believed to be a BPO with a good market positioning. I think it may well be Brainvisa's existing Middle East partner Momenta Global. Momenta has been providing Knowledge Management solutions to its customers for a long time and they joined hands with BV for any learning solution requirements.
What it turns out to be, only time will tell. But I am sure BV would have been evaluated at a good price given its current market position.
4 comments:
Good price?
Not sure what price they would get as they were making losses last year [2005-06].
Are they making any profits this year?
Well... as for the price, it may be good because their revenues have definitely increased quite a lot. Whichever company will buy it, they will buy if for an enhanced market coverage, trained resources, and existing customer base. Profitability will then be an automatic phonomenon...surely, if the aquiring company is also making profits :-)
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