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Most companies in the sector trade at high forward price to earnings ratio multiples: Cognizant Technology trades at 18.6x while Wipro trades at 18.Vanceinfo also has a good customer base including Tata Consultancy, HCL Technologies and Infosys. The company is also planning to open offices in Australia by the end of 2012.Vanceinfo has been acquiring small businesses to strengthen its services, including 100% equity interest in a subsidiary of LW International Holdings, which provides business process outsourcing services and 100% equity interest in Bright Consulting, which specializes in providing Oracle consulting, Vanceinfo board also approved a shares repurchase program of up to $40 million out of which the company has repurchased shares worth $38m.Coach Factory Outlet SaleCoach Store OutletCoach Factory Outlet StoreCheap Uggs OutletCoach Outlet Wallets
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