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BEIJING, March 6, 2014 /PRNewswire/ -- Pactera Technology International Ltd. (NASDAQ: PACT), a global consulting and technology services provider strategically headquartered in China, and Jatis Group, a leading Indonesian information technology and software consulting firm, today announced the launch of a new joint venture (JV) company Pactera-Jatis Indonesia (PJI).
With operating approval obtained from Indonesia Investment Coordinating Board (BKPM), the partnership establishes PJI as a leading global player in the region that builds upon the strengths of both companies to develop targeted industry solutions. The formation of PJI brings Pactera near-shore development capabilities in Indonesia to complement its global delivery centres located in mainland China. In addition to servicing customers in the APAC region, PJI is positioned to be a one-stop reliable centre for businesses around the globe seeking business expansion in South East Asia's booming economy.
Jatis Group's key clientele includes leading APAC institutions in the financial, mobile-telecommunication, healthcare, manufacturing / distribution, Fast Moving Consumer Goods (FMCG) and public sectors. Headquartered in the Indonesian capital city of Jakarta, Jatis Group has branch offices in Singapore, Kuala Lumpur and Manila that serve multiple clients with 80 top brands from national and multinational firms.
"I am delighted to update our valued clients on the formation of Pactera-Jatis Indonesia (PJI). This joint venture between Pactera and Jatis Group brings together excellent synergies from both companies to realize tremendous growth opportunities in the APAC Region," commented Tiak Koon Loh, Director and Chief Executive Officer of Pactera. "Through PJI, together with our Asia South business focus, we are now able to provide our clients with strategically best-shore alternatives by leveraging delivery capabilities in Indonesia, Malaysia and the Philippines, in addition to our existing key centres in China. With a talented team of over 200 strong, this JV further enables Pactera and Jatis to enhance and develop meaningful joint go-to-market initiatives that will enable us to compete more aggressively and win more decisively in the fast growing Asia Pacific market place."
Jusuf Sjariffudin, Group President & CEO of Jatis Group, added: "The formation of PJI was made possible through the shared vision of both entities to ramp up comprehensive consulting and technology services in APAC. PJI is ready to serve multinational corporate clients with a best-shore delivery platform that sets it apart from other players in the industry. With top quality standards, PJI is focused on a perfect balance of personalized high-value services and efficient delivery processes that connect and support our clients' growing business needs. In a span of 2 years, PJI is targeting to grow manpower to 1,000 talented technology professionals."
The APAC region has traditionally been a key growth market for Pactera, and the effort to increase human capital at PJI is designed to capture a greater market share of diverse information technology services. With a strong footprint established in major economies, Pactera has also continued expansion to other geographies in the region, including Japan and Australia.
