Hemel Hempstead, UK-based Xansa said last year that it was considering options for its Houston, Texas-based business which broke even on revenue that declined 38% to 11.9m pounds ($21.9m) in the six months ending October 31, 2003. This represented just 5% of total sales.
Xansa expects its withdrawal from the US, which will affect 140 employees, to be completed by the end of May 2004. The announcement comes only four months after Xansa announced that it would close its offices in Singapore and Malaysia, and scale back in France.
It said it would consider returning to continental Europe when market acceptance improves for the large-scale outsourcing of IT and business processes to offshore locations.
This article is based on material originally published by ComputerWire