Country for PR: United States
Contributor: PR Newswire New York
Thursday, July 19 2012 - 05:23
AsiaNet
ManpowerGroup Announces Acquisition of 100% Equity Stake in Web Development Company Limited (WDC) to Povide IT Services and Professional Resourcing in India
KOLKATA, India, July 19, 2012 /PRNewswire-AsiaNet/ --

  - WDC Becomes Wholly-Owned Subsidiary of Experis, ManpowerGroup's Global 
                      Leader in Professional Resourcing 

     ManpowerGroup (NYSE: MAN), the world leader in innovative workforce 
solutions, today announced that it has successfully completed its acquisition 
of the remaining 26 percent stake in Kolkata-based Web Development Company 
Limited (WDC), a leading IT services and professional resourcing company 
offering consulting, development and application support services to several 
large clients in India and across the Asia Pacific region. In March 2011, 
ManpowerGroup acquired a 74 percent stake in WDC. 

     (Logo: http://photos.prnewswire.com/prnh/20110330/CG73938LOGO-a)

     With this acquisition, WDC becomes a wholly owned subsidiary of 
ManpowerGroup's Experis brand, the global leader in professional resourcing and 
project-based workforce solutions.

     "Experis is adept at attracting the highly-skilled professionals that 
companies need to grow their business and enhance their competitiveness, and 
this acquisition further strengthens its unmatched capability to do this 
throughout the region," said Darryl Green, ManpowerGroup President,  Asia 
Pacific and Middle East. "Our expert recruiters recruit experts with the right 
blend of IT skills and experience to create enhanced partnerships and achieve 
accelerated results."  

     Employers in the region continue to be challenged in their search for 
qualified IT talent. ManpowerGroup's recent 2012 Talent Shortage Survey 
revealed that IT roles are the jobs Indian employers have most difficulty 
filling, and in fifth place across the region as a whole. 

     "Our selective acquisition of WDC has enhanced and strengthened the 
position of Experis in response to the demands and needs of clients," said 
Sanjay Pandit, Managing Director of ManpowerGroup India. "Employers continue to 
face frustration in their efforts to source highly-skilled professionals in the 
IT vertical, but Experis has the expertise and experience to give them the edge 
in the pursuit of talent."

     "Since becoming associated with ManpowerGroup, WDC has been able to 
leverage ManpowerGroup's local expertise, global footprint and experience 
spanning over 60 years to further expand our capabilities and client base and 
deliver better, faster results," said Rahul Sharma and Harsh Hada, Executive 
Directors and Promoters of WDC. 

     About EXPERIS

     Experis is the global leader in professional resourcing and project-based 
workforce solutions. Experis accelerates organizations' growth by intensely 
attracting, assessing and placing specialized expertise in IT, Finance & 
Accounting, Engineering and Healthcare to precisely deliver in-demand talent 
for mission-critical positions, enhancing the competitiveness of the 
organizations and individuals it serves. www.Experis.com

     About ManpowerGroup

     ManpowerGroup(R) (NYSE: MAN), the world leader in innovative workforce 
solutions, creates and delivers high-impact solutions that enable our clients 
to achieve their business goals and enhance their competitiveness. With over 60 
years of experience, our $19 billion company creates unique time to value 
through a comprehensive suite of innovative solutions that help clients win in 
the Human Age. These solutions cover an entire range of talent-driven needs 
from recruitment and assessment, training and development, and career 
management, to outsourcing and workforce consulting. ManpowerGroup maintains 
the world's largest and industry-leading network of nearly 3,900 offices in 
over 80 countries and territories, generating a dynamic mix of an unmatched 
global footprint with valuable insight and local expertise to meet the needs of 
its 400,000 clients per year, across all industry sectors, small and 
medium-sized enterprises, local, multinational and global companies. By 
connecting our deep understanding of human potential to the ambitions of 
clients, ManpowerGroup helps the organizations and individuals we serve achieve 
more than they imagined — because their success leads to our success. And by 
creating these powerful connections, we create power that drives organizations 
forward, accelerates personal success and builds more sustainable communities. 
We help power the world of work. The ManpowerGroup suite of solutions is 
offered through ManpowerGroup(TM) Solutions, Manpower(R), Experis(TM) and Right 
Management(R). Learn more about how ManpowerGroup can help you win in the Human 
Age at www.manpowergroup.com. 

     Enter the Human Age at: www.manpowergroup.com/humanage.

     About ManpowerGroup India

     Established in 1999, ManpowerGroup Services India Pvt. Ltd. is a 
subsidiary of ManpowerGroup. With operations in 17 offices across 13 cities, 
ManpowerGroup India is one of the largest permanent recruitment and staffing 
firms in India. ManpowerGroup provides the complete range of HR services and 
solutions to clients, including permanent recruitment; temporary and contract 
staffing; managed services and outsourcing; employee assessment services; and 
training. Its unique proposition lies in the knowledge and expertise of caring 
for candidates through assessment, career guidance and training; and creating 
higher value for clients through unmatched delivery capability, flexibility of 
solutions and access to global best practices in people management. As part of 
its 'candidate care and development' culture, ManpowerGroup provides free 
access to online training to all candidates and staff through the Training and 
Development Centre. ManpowerGroup India is building a strong reputation as an 
innovator and thought leader in the Indian HR industry.  Each quarter, 
ManpowerGroup India publishes the Manpower Employment Outlook Survey that 
forecasts employers' hiring intentions for the next quarter, which has become 
the most authoritative survey of the Indian labour market. ManpowerGroup, as a 
socially responsible organization, has committed USD 1 Million towards building 
and operating vocational training centres for the purpose of rehabilitating 
victims of the tsunami in Nagapattinam district of Tamil Nadu. More information 
on ManpowerGroup India is available at www.manpower.co.in

     About WDC

     Founded in 1998, WDC has grown rapidly over the years to become an IT 
services and staffing company offering consulting, development, application 
support and staffing services. The company works closely with leading bluechip 
companies to augment, manage and develop custom solutions for their technology 
needs.

     WDC embraces a delivery model that provides clients with onsite business 
and technology consulting services for scoping, planning, project management 
and quality assurance of software projects with core programming and 
development work offshoring through our own or the customer's delivery centers 
here in India. The company's experienced development team of over 1,800 
highly-skilled IT professionals work with their clients onsite or offsite.

     The team's development skill sets range from Microsoft Technologies, J2EE, 
SAP ERP Solutions, IBM technology stack solutions, CRM systems, content 
management, databases, application servers and rich media, with qualified 
professional experience across industry verticals such as manufacturing, 
retailing, government, telecom, property, infrastructure, finance & banking, 
medical & healthcare. 

     The company's quality certifications include ISO 9001:2008 which require 
the company to have a continuous focus on the effective application of quality, 
including processes for continual improvement and the assurance of conformity 
to customer and regulatory requirements. The company is now in the process of 
achieving CMMI level 3 certification. Operating from Kolkata, Delhi, Bangalore, 
Pune and Singapore, the company is well recognized for its excellence in 
execution throughout the value chain of consulting, project management, 
recruitment and staffing. More information on WDC is available at www.wdc.in.

     SOURCE:  Manpower Inc.

    CONTACT:  Mark Jelfs
              + 1-414-906-6675
              mark.jelfs@manpowergroup.com, or 

              Britt Zarling
              +1-414-906-7272
              Britt.zarling@manpowergroup.com
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