Whole Network Most Recent TOP10 Interviews Point of view Products Technology

 

Star Tek's New Big Sale...

Filed in archive News by ehsan on December 21, 2005

BlogPicture
Here is a report By Business Wire about the comapny StarTek Inc. The company announced today that it has completed the sale of its Supply Chain managementlinks Services platform to Tennessee-based DPL Corporation Southeast (DPL) for $5.75 million. StarTek Inc. received approximately $4.7 million in cash after certain adjustments at closing in addition to a five-year, $740,000 note. As of the closing date, DPL assumed the management and operations of the Supply Chain Management Services platform in its entirety, including all related customer and vendor contracts as well as the management of all former StarTek employees who were dedicated to the Supply Chain Management Services platform.

"The Supply Chain Management Services platform was the foundation to StarTek's initial success and its sale to DPL further illustrates our continuing evolution in Business Process Management Services and our commitment to the ongoing quality of Supply Chain Management Services," said Steve Butler, President and CEO of StarTek. "This transaction will allow us to increase our focus on growing, developing and expanding our Business Process Management Services platform. The opportunity to transition the Supply Chain Management Services platform to DPL and develop a mutually beneficial business relationship should enhance our value to our clients and shareholders."


Advertisement


Permalink: Star Tek's New Big Sale...
Tags: platform  sale 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/12700



Advertisement


Advertisement


CW ToolbarInstall
RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter

Use our search feature to look for other interesting posts

Just this blog Whole network
Advertisement -
Book yours here..


 
Advertisement
Book yours here.



  • Testimonials

  • Frankly, the site is what TechPlanet Asia is collectively aspiring to. Ehsan covers indepth issues pertaining to the global transportation, logistics, supply chain and RFID industries, and also has an impressive blogroll. Highly recommended! ---- Raoul Le Blond of SCMTech Planet Asia

    I am a regular reader of your blog and it helps me learn & understand the domain of SCM and industry better ---- Rajiv Renganathan, Manhattan Associates
  • Other blogs in the same channel in the Creative Weblogging Network

Advertisement -
Book yours here..






Advertisement - Book yours here..
 
Tagcloud: Basics Best practice Book Review Education Employment General Green supply chain Green supply chains Guest Column Implementation Interviews Market Overview merger and acquisition News Partnerships Point of view Practical Tips Products Research Special Events Sponsored Post Supply chain video Sustainability and supply chain Technology