What happened to Affiliated Computer Services?
In February 2010, following its acquisition by Xerox, ACS was replaced by Urban Outfitters on the Standard & Poor 500 Index. On July 1, 2015, Xerox sold the IT Outsourcing business to Atos.
Who owns Affiliated Computer services?
Xerox
Affiliated Computer Services/Parent organizations
Affiliated Computer Services was acquired by Xerox for $6.4B on Sep 28, 2009 . This deal was done in Cash & Stock .
Is ACS still in business?
ACS is an independently run organization and will serve as Xerox’s core business process and IT outsourcing business. It will operate as ACS, A Xerox Company, led by current ACS CEO Lynn Blodgett, who will report to Xerox CEO Ursula Burns.
What type of company is ACS?
ACS Solutions is a leading global information technology, consulting, and business solutions company. Since 1998, we have been a trusted partner to customers worldwide in their IT transformation journey.
Who did Xerox buy?
On January 31, 2018, Xerox announced that Fujifilm had agreed to acquire a 50.1% controlling stake in the company for US$6.1 billion, which was to be combined into their existing joint venture Fuji Xerox (having a value of $18 billion post-acquisition).
Is Conduent owned by Xerox?
Xerox created Conduent when it spun off its business services division in 2016. The company formerly known as Affiliated Computer Serivces was purchased by Xerox for $6 billion from founder Darwin Deason.
Who bought ACS loans?
“Xerox Buys ACS for $6.4 Billion.” Accessed May 10, 2021. Federal Student Aid.
Where is Conduent headquarters located?
Florham Park, NJ
Conduent/Headquarters
Where is Xerox Corporation headquarters?
Norwalk, CT
Xerox/Headquarters
Who is the CEO of Xerox?
John Visentin (May 14, 2018–)
Xerox/CEO
Where is Affiliated Computer Services ( ACS ) located?
(ACS) was a company that provided information technology services as well as business process outsourcing solutions to businesses, government agencies, and non-profit organizations. ACS was based in Dallas, Texas. ACS was ranked at number 341 on the 2010 Fortune 500 list.
Who is the founder of Affiliated Computer Services?
Affiliated Computer Services. Founded in 1988, by Darwin Deason, ACS operated in nearly 100 countries, generating over $6 billion annually. As of September 2009, ACS employed approximately 74,000 people. On September 28, 2009, Xerox Corporation announced plans to acquire ACS in a $6.4 billion transaction. The deal closed on February 8, 2010.
What kind of industries does Affiliated Computer Services serve?
Initially created as a data services provider to the financial services industry, Deason led ACS’s expansion into the communications, education, financial services, government, healthcare, insurance, manufacturing, retail, and travel and transportation industries.
What kind of industries does ACS data services serve?
Initially created as a data services provider to the financial services industry, Deason led ACS’s expansion into the communications, education, financial services, government, healthcare, insurance, manufacturing, retail, and travel and transportation industries.
