AppLabs, the world’s largest independent software testing outsourcing provider, sells up to IT services giant CSC. Though both the companies have not disclosed the financials of the deal, sources close to the development said AppLabs was valued above $300 million. The deal marks the end of AppLabs’ indepedence. Sashi Reddi, AppLabs CEO, argued in an interview that software testing should be conducted by an organisation that does not sell software development services.
However, according to AppLabs website, Reddy has started two other companies prior to AppLabs. His first company was EZP ower Systems, a developer of products for building and maintaining large-scale web applications. EZP ower was acquired by DocuCorp and then eventually by Oracle. Over 90% of software testing by monetary value is done by the same company that wrote the code.
Source: http://www.information-age.com/channels/development-and-integration/news/1655093/csc-buys-indian-testing-services-provider-applabs.thtml
Tags: application, china, company, development, IT, outsourcing, services, software, system, testing, website