September 08, 2006
Tech service provider SI International bags $138 million contract
In an outsourcing agreement that will be spread over ten years, the US Patent and Trademark Office has opted to grant its pre-grant publication classification services to Reston, Virginia-based SI International Inc. The deal has pushed the value of SI shares upwards to $28.31 in NASDAQ trade. Reuters reports on how SI plans to execute the deal:
The company said it will recruit and train about 150 staff for the contract, and its new facility will be located in Harrisonburg, Virginia.
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