Covansys
 |
 | |
| Industry | Information Technology Services and Consulting |
|---|---|
| Founded | 1985 |
| Defunct | 2007 |
| Headquarters | Farmington Hills, Michigan |
Key people | Raj Vattikuti, Founder and CEO[1] |
Number of employees | 8,200, including 6,000 in India (2007)[1] |
Covansys Corporation was a global consulting and technology services company, specializing in outsourcing of personnel and services, headquartered in Farmington Hills, Michigan. The company specialized in industry-specific solutions, strategic outsourcing and integration services.[2] Raj Vattikuti founded Covansys in 1985, originally named Complete Business Solutions, Inc., with five employees.[2]
In 2007, Computer Sciences Corporation (now DXC Technology) acquired Covansys for $34.00 per share in cash, or approximately $1.3 billion.[1][3]
See also
References
- ^ a b c "CSC Completes Acquisition of Covansys" (Press release). PRNewswire. July 2, 2007.
- ^ a b "Covansys Names Company Founder and Co-Chairman Raj Vattikuti as President & CEO" (Press release). PRNewswire. August 27, 2004.
- ^ "CSC to acquire Covansys". The Hindu. April 27, 2007.