Thursday, January 10, 2008
ACS Pays $60M in Cash for Syan Holdings Ltd.
Dallas-based business process outsourcing firm Affiliated Computer Services Inc. announced Wednesday that it has acquired IT consulting specialist Syan Holdings Ltd. for some $60 million in cash. ACS explained that the acquisition bolsters its global ITO presence by giving it a U.K. foothold, including two data centers. Headquartered in the United Kingdom, Syan provides information technology outsourcing services. The company, ACS said, will be rebranded as ACS Syan and will continue to be run by Syan's existing management team.