Mumbai: US (United States) based Logistic Solutions Inc (LSI), a software service company, is planning to take a 20-25 per cent stake in Compudyne Winfosystems even as the two companies have decided to form a business partnership to develop BPO (Business Process Outsourcing) services in media-animation and healthcare BPO.

However, the valuation has not been disclosed.

On the business partnership, Compudyne said it would also work in areas of legal-linguistics and VFX and radiology in healthcare BPO.

As per the understanding, LSI would give business of about $ 4 million in the first year, $ 8 million in the second year, and $12-15 in third year.

Compudyne said, apart from strengthening its marketing foothold in the US through this association, the company would also gain substantial technical skills.

The company would utilise its existing capacity of 250 seats, which can be increased to 500 seats to execute these orders, it added.

LSI is a software service company in the field of telecommunications, finance, pharmaceutical, wireless, healthcare and educational markets based at New Jersey, USA.