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HOV Services is a publicly quoted
business process outsourcing Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and ...
company that operates in North America with multiple locations in the U.S., and international headquarters in
Chennai Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...
, India. In February 2007, HOV Services acquired Lason, Inc. a provider of document management outsourcing services, including imaging, mail processing, data capture, document DNATM, and output. The two companies combined will have trailing annual revenues in excess of $200 million, and a global workforce of more than 11,000 employees serving more than 50% of the
Fortune 100 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along w ...
companies with an active client base numbering over 4,000. In May 2011, HOV Services
merged Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...
with SourceCORP, a U.S. company to create SourceHOV, an information technology firm based in
Dallas Dallas () is the List of municipalities in Texas, third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the List of metropolitan statistical areas, fourth-largest metropolitan area in the United States at 7.5 ...
,
Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...
. A branch also opened in Olongapo City, Philippines(SourceCORP).


References

{{Reflist Multinational companies Outsourcing companies