Thursday, March 19

ACS announces plans to acquire e-Services Group International

Affiliated Computer Services Inc (ACS) (NYSE: ACS), a provider of business process outsourcing and information technology solutions, announced on Monday (16 March) that it is in discussions to purchase e-Services Group International, a business process outsourcing (BPO) and customer care company based in the Caribbean, to expand its global delivery platform.

ACS said that the addition of e-Services, which has approximately 4,000 employees, would provide the company and its clients with a highly-trained, English-speaking workforce capable of handling complex business functions from a location and time zone convenient to North American businesses.
Upon the completion of the acquisition of e-Services by ACS, no workforce restructuring is expected.
The company said that e-Services would continue to be managed by its management team and operations would continue to be performed by e-Services' employees at their current facilities.
In addition, the clients and employees of e-Services would be backed by a FORTUNE 500 company offering a diversified suite of BPO solutions with demonstrated global delivery capabilities serving clients in more than 100 countries.
Financial details were not available.

Source: http://www.tradingmarkets.com/.site/news/Stock%20News/2225616/

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