TeleTech, a Denver-based provider of e-commerce-enabling customer management solutions has signed a definitive agreement to acquire Newgen Results Corp. for approximately $200 million in stock.
Newgen offers Internet-based services such as customized database management, personalized direct marketing and other CRM-related activities targeted to automobile dealers and manufacturers nationwide.
Newgen will operate as an independent entity within TeleTech Companies Group, led by Michael Foss, chief financial officer and president, TeleTech Companies Group.
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