« New Business | Main | Advertising Information »
March 22, 2007
Top Stories
EDS WILL SPONSOR NOBEL PRIZE SERIES...EDS has signed a sponsorship agreement with Nobel Media to become a Global Sponsor of the Nobel Prize Series, and with Nobel Web to become its Global Technology Services Partner. The three-year agreement will enable EDS to apply its technology expertise for the benefit of the Nobel Prize Series and the organization's Web technologies, including supporting the development of content on nobelprize.org, Nobel's award-winning website.
QUANTA TO ACQUIRE INFRASOURCE...Quanta Services, Inc. and InfraSource Services, Inc. have signed a definitive merger agreement under which Quanta will acquire InfraSource in an all-stock transaction valued at $1.26 billion based on Quanta’s closing stock price on March 16, 2007. The combination of Quanta and InfraSource will create a leading specialized contracting services company serving the electric power, natural gas, telecommunications and cable television industries.
ADP REVISES FINANCIAL GUIDANCE...Automatic Data Processing, Inc. has revised its guidance for the current fiscal year ending June 30, 2007 to reflect the anticipated completion of the Brokerage Services Group (BSG) spin-off on March 30, 2007. As a result of the discontinued operations of BSG, forecasted earnings per share from continuing operations has, on a comparable basis, been updated to grow 20% to 23% in fiscal 2007 over last year’s restated $1.49 per share. Fiscal 2007 revenue growth has been updated to rise 12% to 13%.
JOHNSON CONTROLS SIGNS NEW HP CONTRACTS...HP and Johnson Controls, Inc., a global leader in building efficiency and facilities management, have signed two new services contracts. Under a renewed five-year agreement, HP will become Johnson Controls global services provider for more than 1,000 locations across 60 countries with services, including global asset management and refresh services as well as software deployment management.
HCL ISSUES BLACK BOOK ON RIM...HCL Technologies Infrastructure Services Division (HCL ISD unveiled a “BlackBook on the Remote Infrastructure Management (RIM) Industry – Demystifying the third ‘wave’ of Outsourcing” at the NASSCOM India Leadership Forum 2007. A basic Primer on the various facets of the RIM industry, this Black Book is targeted at spreading general awareness around this new Industry which has been described by Gartner as a “mega trend” and NASSCOM as the “third wave of outsourcing” after software and BPO.
Posted by jbowles at March 22, 2007 02:50 PM