« New Business | Main | Nominations Open for 2007 Outsourcing Excellence Awards »

August 24, 2006

Top Stories

ADP ACQUIRES EMPLOYEASE...The Employer Services Division of Automatic Data Processing, Inc. will acquire Employease, Inc., a leading provider of Web-based solutions and outsourcing options for HR and benefits professionals. The agreement follows a successful partnership between Employease and ADP Major Accounts Services, part of ADP Employer Services. The acquisition is expected to further expand ADP's presence within the mid-market to fulfill a growing demand for Software-as-a-Service (SaaS) solutions.

ACCENTURE BUYS NAVISYS, TARGETS INSURANCE BPO MARKET...Accenture will buy NaviSys, a privately held company that specializes in software solutions for the North American life insurance industry. Terms of the transaction, which is expected to close within the next 60 days, were not disclosed. Accenture will maintain and enhance NaviSys’ existing services and leverage NaviSys software to develop new business process outsourcing (BPO) services for life insurers in North America.

DELTA OUTSOURCES IT MANAGEMENT TO IBM...Delta Air Lines and IBM announced a seven year, Information Technology (IT) infrastructure services agreement to help support the airline's ongoing IT needs as it restructures its operations and progresses toward emergence from bankruptcy in the first half of 2007. Under the agreement, IBM will partner with Delta Technology to provide Delta with comprehensive IT mainframe and mid-range services. By outsourcing the airline's IT infrastructure management, Delta will realize a significant cost savings over the term of the agreement. Financial terms were not disclosed.

ACCENTURE NAMES PAMELA CRAIG CFO...Accenture has named Pamela J. Craig chief financial officer, effective Oct. 31, 2006. Craig, senior vice president-Finance, will succeed Michael G. McGrath, who will remain chief financial officer until October 31, 2006 when he will assume the role of International Chairman. As CFO, Craig will report to CEO William D. Green.

EDS HAS NAMED RON VARGO CFO...EDS has named Ron Vargo as executive vice president and chief financial officer effective immediately. Vargo has served as EDS' corporate treasurer since 2004 and interim co-CFO since March of 2006. Vargo will retain his current duties as corporate treasurer on an interim basis.

GENPACT OPENS SECOND CHINA CENTER...Genpact has opened its newest business-process outsourcing center in Changchun, China. It is the company's 23rd operations center and second to be set up in China. The company currently employs 1,750 associates and was named one of China's three "Best BPO" firms by the Chinese Society of Information & Outsourcing in June 2006.

Posted by jbowles at August 24, 2006 06:36 PM