NIIT Tech & Adecco SA announce joint venture

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NIIT Tech & Adecco SA announce joint venture

NIIT Tech & Adecco SA announce joint venture. JV to focus on providing IT expertise for Adecco clients

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NIIT Technologies Limited, a global IT solutions organization headquartered in New Delhi, and Adecco SA, a Fortune Global 500 company and the global leader in Human Resources services-through its wholly-owned subsidiary Ajilon Holding Europe BV-have announced a joint venture to deliver world-class application software development and maintenance solutions to Adecco's clients.

An agreement to incorporate the joint venture was signed today in New Delhi by Dieter Scheiff, Chief Executive Officer of Adecco SA, and Arvind Thakur, Chief Executive Officer of NIIT Technologies, in the presence of Adecco Chairman Klaus J Jacobs and NIIT Co-founder & Chairman Rajendra S Pawar.

Dieter Scheiff said: ''Adecco is keen to develop its successful HR solutions business in India, which we invested in a couple of years back. We would like to leverage on the capabilities in technology services by partnering with NIIT Technologies in this joint venture, which will provide IT services to Adecco clients around the world. The move will enhance Adecco's ability to offer a full range of flexible solutions to deliver the IT expertise that its clients require for their short- or long-term needs.''

Commenting on the joint venture, NIIT Technologies Chairman Rajendra S Pawar said, ''We are delighted to partner with Adecco-the global leader in Human Resources services. This joint venture is a strategic move for both companies-providing Adecco with world-class offshoring capabilities and NIIT Technologies with the opportunity to service a new segment of customers''.

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