Tuesday, October 18, 2005

Xoomworks

Xoomworks, the private UK professional services company, would most likely exit via a trade sale with a 2-5 year timeline, according to chief executive Steve Jackson.Larger players could well be attracted by Xoomworks\\\' blue chip client base. Last year\\\'s revenue was �3.5m, with this figure expected to rise 30% this year. Jackson identified the group\\\'s main competitors as large consulting firms such as IBM and Accenture, as well as service departments within software manufacturers.

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