Pegasystems looking for India M&A opportunities - The Business Journal

This was printed from Boston Business Journal

Date: Tuesday, July 17, 2012, 7:13am EDT 

Pegasystems CEO Alan Trefler. The company is planning to invest in India, looking for M&A opportunities and pursuing business with the Indian government.

Pegasystems (Nasdaq: PEGA) is investing and looking for acquisition opportunities in India, the company's regional managing director said.

Looking at business opportunities with the Indian government, the Cambridge, Mass. maker of business process software is preparing the following investments, India Managing Director Suman Reddy said, according to Bloomberg:

Construction of a new facility in Hyderabad to seat 250 employeesHiring 100 new workers in India this yearSetting up a dedicated sales team for India

In 2011, Pega CEO Alan Trefler saw his total compensation increase to $695,919 in 2011 from $612,151 in 2010, the company reported in April.

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