Fidelity National Financial

(FNF) - Get Report

, a provider of outsourced products to various industry segments, said it acquired a 45.5% stake in

Fortune Infotech

from

Covansys

( CVNS).

Fortune Infotech, which is based in Baroda, India, is a provider of offshore outsourcing services. It provides back office services, such as transaction processing, claims processing and accounts payable processing services.

"This investment in Fortune Infotech is an important step in our goal of continually improving our business process outsourcing capabilities," the Jacksonville, Fla.-based company said.

Covansys still retains a 50.1% ownership stake in Fortune Infotech.

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