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==History==
==History==
WNS was founded in 1996 by [[British Airways]] as Speed wing World Network Services in [[Mumbai]]. In May 2002, a 70% shareholding was sold to Warburg Pincus.<ref>[https://www.privateequityinternational.com/warburg-pincus-acquires-wns-stake/ Warburg Pincus acquires WNS Stake] {{Webarchive|url=https://web.archive.org/web/20200927010907/https://www.privateequityinternational.com/warburg-pincus-acquires-wns-stake/|date=27 September 2020}} ''Private Equity International'' 28 May 2002</ref>
WNS was founded in 1996 by [[British Airways]] as Speed wing World Network Services in [[Mumbai]]. In May 2002, a 70% shareholding was sold to Warburg Pincus.<ref>[https://www.privateequityinternational.com/warburg-pincus-acquires-wns-stake/ Warburg Pincus acquires WNS Stake] {{Webarchive|url=https://web.archive.org/web/20200927010907/https://www.privateequityinternational.com/warburg-pincus-acquires-wns-stake/|date=27 September 2020}} ''Private Equity International'' 28 May 2002</ref>
* 1999 – A delivery center was launched in Pune, India.<ref>{{cite web|url=http://www.indiainfoline.com/article/research-leader-speak/mr.-keshav-r.-murugesh-group-ceo-wns-group-20990123_1.html|title=Mr. Keshav R. Murugesh, Group CEO, WNS Group|publisher=India Infoline|access-date=2014-12-21|archive-date=22 December 2014|archive-url=https://web.archive.org/web/20141222092441/http://www.indiainfoline.com/article/research-leader-speak/mr.-keshav-r.-murugesh-group-ceo-wns-group-20990123_1.html|url-status=live}}</ref>
* 2004 – New centers were set up in [[Colombo]] in Sri Lanka and Gurgaon in India.<ref>{{cite news|url=http://news.bbc.co.uk/2/hi/business/3891023.stm|title=Sri Lanka embraces outsourcing|date=13 July 2004|publisher=BBC|access-date=2004-07-13|archive-date=5 March 2016|archive-url=https://web.archive.org/web/20160305005432/http://news.bbc.co.uk/2/hi/business/3891023.stm|url-status=live}}</ref>
* 2006 – [[Initial public offering]] listing on the NYSE, the first Indian business process outsourcing company to be listed on the exchange. It raised about $224 million at $20 per ADS.<ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2006-07-27/news/27439112_1_wns-global-services-wns-holdings-trinity-partners|title=WNS Holdings debuts on NYSE|publisher=Economic Times|access-date=2006-07-27|archive-url=https://web.archive.org/web/20141225161217/http://articles.economictimes.indiatimes.com/2006-07-27/news/27439112_1_wns-global-services-wns-holdings-trinity-partners|archive-date=25 December 2014|url-status=dead|df=dmy-all}}</ref>
* 2012 –The first delivery center in North America was set up to service US clients.<ref>{{cite news|url=http://economictimes.indiatimes.com/tech/ites/wns-global-services-opens-up-new-facility-in-south-carolina/articleshow/13605945.cms|title=WNS Global Services opens up new facility in South Carolina|newspaper=Economic Times|date=28 May 2012|access-date=2012-05-28|archive-date=25 December 2014|archive-url=https://web.archive.org/web/20141225094403/http://economictimes.indiatimes.com/tech/ites/wns-global-services-opens-up-new-facility-in-south-carolina/articleshow/13605945.cms|url-status=live}}</ref> During this year, a center was also set up in [[Poland]].
* 2013 – Launched a new center in [[China]]<ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2013-08-09/news/41240686_1_wns-global-services-fast-growing-chinese-market-china|title=WNS Global Services, Aegis & Genpact look to build out operations in China|publisher=Economic Times|access-date=2013-08-09|archive-url=https://web.archive.org/web/20141225161227/http://articles.economictimes.indiatimes.com/2013-08-09/news/41240686_1_wns-global-services-fast-growing-chinese-market-china|archive-date=25 December 2014|url-status=dead|df=dmy-all}}</ref> and Warburg Pincus sells its entire stake in WNS.
* 2014 – Launched a new center in [[Pennsylvania]].<ref>{{cite web|url=https://pennsnortheast.com/news_media/article/expansion-of-wns-facility-to-bring-over-300-jobs-to-luzerne-county|title=Expansion of WNS Facility to bring over 300 jobs to Luzerne County|publisher=Penn’s Northeast|access-date=4 January 2016}}</ref>

==Acquisitions==
*2012: Took over Fusion Outsourcing Services in South Africa.<ref>{{cite web|url=http://www.thehindubusinessline.com/industry-and-economy/info-tech/wns-buys-south-africabased-fusion-for-10-million/article3555324.ece|title=WNS buys South Africa-based Fusion for GBP 10 million|publisher=The Hindu Business Line|access-date=2015-01-19|archive-date=12 March 2021|archive-url=https://web.archive.org/web/20210312163716/https://www.thehindubusinessline.com/info-tech/wns-buys-south-africa-based-fusion-for-10-million/article23082872.ece|url-status=live}}</ref><ref>{{cite web|url=http://www.bpesa.org.za/2012/07/05/wns-acquires-sa-based-fusion-outsourcing-for-10-million/|title=WNS acquires SA based Fusion Outsourcing for £10 million|publisher=BPeSA|access-date=2012-07-05|archive-url=https://web.archive.org/web/20160414204309/http://www.bpesa.org.za/2012/07/05/wns-acquires-sa-based-fusion-outsourcing-for-10-million/|archive-date=14 April 2016|url-status=dead|df=dmy-all}}</ref>
* 2016: Acquired Value Edge.<ref>{{cite web|url=https://economictimes.indiatimes.com/tech/ites/wns-buys-value-edge-research-for-about-17-5-million/articleshow/51361487.cms|title=WNS buys Value Edge Research for about $17.5 million|publisher=Economic Times|access-date=2014-04-21|archive-date=April 24, 2016|archive-url=https://web.archive.org/web/20160424235736/https://economictimes.indiatimes.com/tech/ites/wns-buys-value-edge-research-for-about-17-5-million/articleshow/51361487.cms|url-status=live}}</ref>
* 2017: Acquired Denali Sourcing Services and Health Help.<ref>{{cite news|url=https://www.thehindu.com/business/wns-acquires-healthhelp-for-95-million/article17468105.ece|title=WNS acquires HealthHelp for $95 million|work= The Hindu|date=15 March 2017|access-date=2017-03-15|archive-date=November 12, 2020
|archive-url=https://web.archive.org/web/20201112005711/https://www.thehindu.com/business/wns-acquires-healthhelp-for-95-million/article17468105.ece|url-status=live}}</ref>
* 2022: WNS acquires Vuram, an enterprise automation services company,<ref>{{Cite web|title=WNS Expands Intelligent Automation Capabilities with Acquisition of Vuram - WNS Holdings Ltd.|url=https://www.benzinga.com/pressreleases/22/07/b27930160/wns-expands-intelligent-automation-capabilities-with-acquisition-of-vuram|access-date=2022-07-01|website=Benzinga|language=en}}</ref> The Smart Cube, a [[London]]-headquartered provider of platform-driven research and analytics<ref>{{Cite web|title=WNS acquires The Smart Cube to enhance digital analytics and procurement capabilities - Manufacturing & Logistics IT Magazine|url=https://www.logisticsit.com/articles/2022/12/19/wns-acquires-the-smart-cube-to-enhance-digital-analytics-and-procurement-capabilities|access-date=2022-12-19|website=www.logisticsit.com}}</ref> and OptiBuy, a Europe-based provider of procurement platform consulting and implementation solutions.<ref>{{Cite web|title=WNS PRESS RELEASE|url=https://wnsnorthamerica.gcs-web.com/news-releases/news-release-details/wns-acquires-two-firms-enhance-digital-analytics-and-procurement}}</ref>

==References==
==References==
{{reflist}}
{{reflist}}

Revision as of 21:16, 19 May 2024

WNS Global Services
Company typePublic
NYSE: WNS
IndustryBusiness process management, outsourcing, IT consulting
Founded1996
Headquarters
New York, London and Mumbai[1]
Area served
Worldwide
Key people
Timothy Main[2]
(Chairman)
Keshav R Murugesh[2]
(Group CEO)
RevenueIncrease US $1,224.3 million[3]
Number of employees
59,755 (March 31, 2023)[3]
Websitehttps://www.wns.com

WNS (Holdings) Limited (NYSE: WNS) is an Indian multinational business process management company headquartered in New York, London and Mumbai.

History

WNS was founded in 1996 by British Airways as Speed wing World Network Services in Mumbai. In May 2002, a 70% shareholding was sold to Warburg Pincus.[4]

References

  1. ^ "Contacts, locations". WNS. Archived from the original on 15 October 2018. Retrieved 15 January 2013.
  2. ^ a b "Board of Directors". WNS. Retrieved 9 July 2023.
  3. ^ a b "WNS Announces Fiscal 2023 Fourth Quarter and Full Year Earnings, Provides Guidance for Fiscal 2024". WNS. Retrieved 27 April 2023.
  4. ^ Warburg Pincus acquires WNS Stake Archived 27 September 2020 at the Wayback Machine Private Equity International 28 May 2002
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