About Concentrix
Concentrix is a company based in Fremont (United States) founded in 1983 was acquired by Synnex in September 2006.. The company has 450,000 employees as of November 30, 2024. Concentrix has completed 11 acquisitions, including Aspire Technology Solutions, Blink Digital and Convergys. Concentrix operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Fremont, United States
- Employees 450000 as on 30 Nov, 2024
- Stage Public
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Sectors
Business ServicesTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Concentrix Corporation
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Annual Revenue
$9.62 B35.2as on Nov 30, 2024
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Net Profit
$241.71 M-21.48as on Nov 30, 2024
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EBITDA
$1.46 B28.49as on Nov 30, 2024
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Latest Funding Round
- Investors
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Employee Count
450000
as on Nov 30, 2024
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Investments & Acquisitions
Aspire Technology Solutions
& 10 more
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Acquired by
Synnex
(Sep 11, 2006)
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IPO & Listings of Concentrix
Concentrix is a publicly listed company on the NASDAQ with ticker symbol CNXC in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
123 people
Software Development Team
74 people
Operations Team
49 people
Finance and Accounting
22 people
Sales and Marketing
17 people
Senior Team
14 people
Product Management Team
13 people
Legal and Compliance
10 people
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Funding Insights of Concentrix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Concentrix
Concentrix has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SYNNEX. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Business process outsourcing and IT distribution services are offered worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Concentrix
Concentrix has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Aspire Technology Solutions, Blink Digital and Convergys. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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No-code platform for building enterprise conversational assistants is offered.
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2017 | ||||
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App for wellness training and tracking
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2015 | ||||
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Offers comprehensive branding, advertising, demand generation, and ecommerce services.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Concentrix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Concentrix Comparisons
Competitors of Concentrix
Concentrix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Concentrix
Frequently Asked Questions about Concentrix
When was Concentrix founded?
Concentrix was founded in 1983.
Where is Concentrix located?
Concentrix is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
How many employees does Concentrix have?
As of Nov 30, 2024, the latest employee count at Concentrix is 450,000.
What is the annual revenue of Concentrix?
Annual revenue of Concentrix is $9.62B as on Nov 30, 2024.
What does Concentrix do?
Concentrix was founded in 1983 and is based in Fremont, United States. Customer engagement services are offered to enterprise clients in the business process outsourcing sector. Operations focus on managing interactions across digital and traditional channels to support client objectives. The company handles tasks such as customer support, sales assistance, and analytics, serving industries including technology and retail from its U.S. headquarters.
Who are the top competitors of Concentrix?
Concentrix's top competitors include 1&1 IONOS, Booz Allen Hamilton and Genpact.
Is Concentrix publicly traded?
Yes, Concentrix is publicly traded on NASDAQ under the ticker symbol CNXC.
How many acquisitions has Concentrix made?
Concentrix has made 11 acquisitions, including Aspire Technology Solutions, Blink Digital, and Convergys.
Who are Concentrix's investors?
Concentrix has 1 investor. Key investors include SYNNEX.
What is Concentrix's ticker symbol?
The ticker symbol of Concentrix is CNXC on NASDAQ.
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