Started in 1996 as DMR Consulting, Everis employed 9,000 consultants globally as of March 31, 2011. In the fiscal year ended March 31, 2011, the company reported Euro506 million (approximately $635 million) in revenues, with an operating profit of Euro46 million (about $58 million).
Though the company updates its annual financial numbers towards April every year, the FY12 results have not been posted on its website.
In 2007, the company's management bought out its institutional shareholders Apax Partners and Financial Managers. Currently, 66 per cent of the company is owned by the management team and employees while the rest is owned by British investment funds 3i and Hutton Collins, Landon Group and a group of minority shareholders, according to the company's website.
Infosys said it "does not comment on rumours and speculations". An email to Everis went unanswered.
Sources familiar with the developments said talks were moving
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