Ayala Corp., the country’s largest business group, on Wednesday disclosed that its business process outsourcing investment arm has acquired a US-based “strategic research and decision support firm”.
The acquisition of Grail, based in Cambridge, Massachusetts was done through Integreon, owned by Ayala’s BPO investment arm LiveIt Investments. Grail was acquired from Monitor Group, a global advisory, capability-building and capital services firm.
Terms of the transaction were not disclosed.
Among Grail’s clients are Microsoft, cosmetics giant Estee Lauder and majority of the top 10 pharmaceutical companies.