India’s Firstsource acquired MedAssist of U.S.

firstsource_logo.jpgIn another major Indian buyouts of foreign companies (recently Indian companies are acquiring more and more foreign companies), India’s Firstsource Solutions(ICICI OneSource is now Firstsource ) had acquired the U.S. medical billing and collections outsourcer MedAssist Holding for $330 million.

Firstsource shares up around 10% on the Bombay Stock Exchange(BSE) to close at 79.40 rupees. America accounts for the major of revenues for Indian IT firms.

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