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September 06, 2006

Top Stories

CAPGEMINI BOOSTS BPO CAPABILITIES WITH INDIA ACQUISITION...Capgemini has extended its Finance and Accounting Business Process Outsourcing (BPO F&A) capabilities by acquiring from Hindustan Lever Limited (Unilever Group) a 51% shareholding in Unilever India Shared Services Limited (Indigo). The acquisition of Indigo is expected to be consummated in October 2006. The specific terms of the agreement were not disclosed. At the same time, Capgemini and the Unilever Group have entered into a seven-year agreement to deliver the full range of BPO F&A services to the Unilever companies which are current customers of Indigo.

ACCENTURE CEO NAMED TO ADDITIONAL ROLE AS CHAIRMAN...Accenture CEO William D. Green has assumed the additional role of chairman, effective September 1. As chairman, he succeeds Joe W. Forehand, who retired from Accenture and the company's board of directors on August 31. Green, 53, succeeded Mr. Forehand as CEO on September 1, 2004, and has been a member of the Accenture board of directors since June 2001.

COGNIZANT ACQUIRES AIMNET SOLUTIONS...Cognizant Technology Solutions has acquired Massachusetts-based AimNet Solutions Inc., a managed infrastructure and professional services firm. In acquiring AimNet, Cognizant gains capabilities and expertise that strengthen the company's fast-growing IT Infrastructure Services (ITIS) practice.

Founded in 2000 by former AT&T executives, AimNet is a privately-held company with over 100 employees.


ACCENTURE COMPLETES NAVISYS ACQUISITION...Accenture has completed its previously announced acquisition of NaviSys, a privately held company that specializes in software solutions for the North American life insurance industry.

BLAKENSHIP JOINS LOGICACMG...Harry B. Blankenship has joined LogicaCMG as director of payments, compliance, and risk in North America. He will be responsible for the rollout of the LogicaCMG All Payments Solution (LAPS), which enables banks to make progressive transformation of their payments infrastructures while preserving their investments in legacy systems and processes.

CAPGEMINI IN THE BLACK BOOK...Capgemini is listed in the "Top 50 Best Managed Outsourcing Vendors," an annual comparison of the world's most distinguished outsourcing services providers included in the latest edition of The Black Book of Outsourcing. At 15, it was the highest rated of the leading multinational IT outsourcing vendors.

ACCENTURE LAUNCHES NEW DELIVERY CENTER IN INDIA...Accenture has launched a delivery center in Gurgaon, in the National Capital Region of Delhi, India, for application and infrastructure outsourcing and systems integration services. The facility is Accenture's 10th delivery center in India, and represents further expansion of the company's Global Delivery Network.

Posted by jbowles at September 6, 2006 06:46 PM