Hexaware Technologies, which provides IT, BPO and consulting services, on Thursday announced that it had signed a large deal with an existing U.S.-headquartered Fortune 500 client. The three-year deal is estimated to generate revenues of $30 million, a company statement said.
Hexaware has been associated with the client for seven years and has evolved to emerge as a key offshore partner for the client.
Through the contract, Hexaware will have an estimated $5 million worth incremental business over the course of the deal.
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The revenues from the contract will begin to accrue with immediate effect and as part of the engagement, Hexaware will provide services that cater to multiple business users across different technology platforms, the statement said.