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August 11, 2005
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CONVERGYS COMPLETES DELOITTE BPO UNIT ACQUISITION...Convergys Corporation has completed the acquisition of the Finance and Accounting (F&A) Business Process Outsourcing (BPO) business of Deloitte Consulting Outsourcing LLC, a subsidiary of Deloitte Consulting LLP. The merger was announced on June 16, 2005. At that time, Convergys stated the acquisition would be neutral to its 2005 earnings per share.
NEW LOGISTICS BPO FIRM LAUNCHED...Aegis InterWorld Inc., a new company created to address the growing logistics BPO market, was officially launched. The company, which is supported by a private equity investment funded by Essar Group, one of India's largest corporate houses with an asset base of US$ 4.4 billion, says it is the only BPO provider with domain expertise specific to logistics.
COVANSYS EXPANDS IN INDIA...Covansys Corporation has opened a new Global Development Center in Bangalore, India which will consolidate its current Bangalore centers to accommodate its rapidly growing offshore business.
EDS RELEASES CORPORATE SOCIAL RESPONSIBILITY REPORT...EDS released its first Corporate Social Responsibility Report, detailing the company’s global efforts in education, volunteerism, corporate governance and diversity.
OUTSOURCING MARKETING OPPORTUNITY..."Best Practices for Managing Outsourcing Relationships," the next Forbes/Outsourcing Center special text/advertising report, will appear in the November 28 issue of Forbes, which reaches 4.5 million decisionmakers. Participating advertisers get an additional free text page to tell their customer success story. For a prospectus and special rates available only to Outsourcing Alert readers, contact Jerry Bowles.
Posted by jbowles at August 11, 2005 01:52 PM
