Convergys buys UK software maker

Article Abstract:

Convergys has acquired British software maker Geneva Technology Ltd in an effort to increse its presence overseas. The deal, worth $692 million, called for Convergys to pay Geneva shareholdes 17.6 million shares of its own stock. The agreement is expected to close in Apr 2001. It is expected to create $70 million in 2002, and $210 million in 2003. Geneva provides billing solutions for telecommunications, utilities and online businesses.

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Transcontinental direct buys Jetson for $85M

Article Abstract:

The acquisition of Jetson Direct Mail Inc., by Transcontinental Direct USA for a total consideration of $85 M is discussed.

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IWCO buys Fala to build East Coast presence

Article Abstract:

The merger details of Fala Direct Marketing Inc. and IWCO Direct, are presented.

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