|
|
Article: United States : Xerox agrees to buy Dallas-based ACS in $6.4B deal.
- Article from:
- TendersInfo
- Article date:
- September 30, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
With the announcement Monday that Xerox Corp. is buying Dallas-based Affiliated Computer Services Inc. in a deal valued at $6.4 billion, the big three local outsourcing companies are all presumably ending their lives as stand-alone entities.
For the Dallas area, where the outsourcing industry was born nearly half a century ago, it means the almost simultaneous disappearance of three iconic corporate names: Electronic Data Systems Corp., Perot Systems Corp. and now ACS.
Xerox and ACS said Monday that, at least initially, little would change at ACS.
It will operate as a separate division under the name "ACS, a Xerox Company," much as EDS did ...