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September 24, 2008
Top Stories
UNISYS CEO TO RESIGN AT END OF YEAR...Unisys Corporation announced that Joseph W. McGrath will step down, with the concurrence of the board of directors, as president and chief executive officer, effective by year-end 2008. McGrath has served as chief executive officer since 2005. The company said the board of directors and McGrath agreed that a change in leadership would best enable Unisys to move forward on accelerating execution of the company’s strategy. McGrath will continue to lead the day-to-day operations of the company until a successor has been identified.
ARICENT GETS NEW FUNDING...Aricent, a global innovation, technology and outsourcing company focused exclusively on the communications industry, announced the signing of definitive agreements for new funding from existing investor KKR and a new investor, based in Bahrain, The Family Office. Aricent plans to use the investment capital to accelerate the momentum of engagements with leading infrastructure, application and service providers worldwide, as well as expand the company’s business activities in the Middle East.
SOFTSERVE ACQUIRES UKRAINE FIRM...SoftServe, Inc. has just announced the acquisition of business intelligence services and ETL specialist Alvion Ukraine, a transaction that adds significant technical expertise and new market opportunities to the leading multinational software development and consulting company leveraging the superior technology education and human resources of Ukraine. SoftServe aims to add to its resource pool the top-notch talent and experience in the areas of web development and online analytical processing that would help in servicing the global customers more efficiently.
Posted by jbowles at September 24, 2008 07:24 PM
