Solutions to acquire Contact Center Company from Startek and STC for $120m.

Solutions, a provider of information technology services, agreed to acquire Contact Center Company, a provider of outsourcing and BPO services, from Startek, a global provider of technology-enabled business process outsourcing solutions, and Saudi Telecom Company, a provider of telecommunication services, for $120m. The completion of the proposed acquisition is subject to the negotiation and execution of definitive documentation and satisfaction of the conditions therein, including completion of any required stock exchange and regulatory review, final approval of the transaction by the board of directors of each of the company, Solutions and STC and receipt of various third-party consents.