STI Knowledge, a provider of business process outsourcing services, has acquired Symphony Data, a competitor in the same field that is based in Hyderabad, India.

STI said the deal would enable the company to offer healthcare administration, claims processing, customer interaction, technical help desk and other services through on-site or off-site offerings.

“This acquisition is a key strategic initiative for STI Knowledge,” said Satish Sanan, STI’s chief executive officer, in a statement. “We are focused on improving our customers’ business performance and profitability. Offering an off-shore option is a significant step in delivering on that vision, and helps us proactively meet demand for quality BPO services for the benefit of our growing client base in this increasingly important market space.”

STI Knowledge: www.stiknowledge.com