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April 06, 2006

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EDS OFFERS $380 MILLION FOR INDIA BPO FIRM...EDS has made a conditional open offer to acquire a majority stake in MphasiS BFL Limited, a leading applications and business process outsourcing (BPO) services company based in Bangalore, India, for 204.5 Rupees (approximately US$4.58) per share in cash, pursuant to Indian securities regulations. This price represents an approximate 30-percent premium to the 26-week average price of MphasiS. The offer is contingent upon EDS acquiring 83 million shares, representing approximately 52 percent of current shares outstanding.

ACCENTURE COMPLETES SAVISTA ACQUISITION...Accenture has completed the acquisition of key assets of Savista, expanding Accenture's range of bundled, back-office business process outsourcing (BPO) capabilities to include those designed specifically for the middle market.

FREEBORDERS EXPANDS EXECUTIVE TEAM...Freeborders announced the expansion of its EMEA team with two executive appointments. Peter Bambridge joins as Vice President of EMEA and Tony King as Vice President of Operations and Delivery, EMEA.

ACS EARNS ISO CERTIFICATION...Affiliated Computer Services, Inc. has earned International Organization for Standardization (ISO) 20000 certification.

Posted by jbowles at April 6, 2006 10:59 AM