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Covansys Corporation

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Covansys, a CSC Company
IndustryInformation Technology Services and Consulting
Founded1985
HeadquartersFarmington Hills, Michigan
Key people
Raj Vattikuti, Founder and CEO
RevenueUSD 455 Million (2006)
Number of employees
~8,400[1]
ParentComputer Sciences Corporation

Covansys Corporation was a global consulting and technology services company, specializing in outsourcing of personnel and services, headquartered in Farmington Hills, Michigan. The company specializes in industry-specific solutions, strategic outsourcing and integration services. Raj Vattikuti founded Covansys in 1985, originally named Complete Business Solutions, Inc., with five employees. By the beginning of 2007, the company had over 8,400 employees and consultants spread across six international delivery centers and 21 offices worldwide. Vattikuti served as the President and CEO of Covansys Corporation.

On Wednesday, April 25, 2007, Computer Sciences Corporation (CSC) and Covansys entered into an agreement based on which CSC acquired Covansys for $34.00 per share in cash, or approximately $1.3 billion).[3] The acquisition was completed in July 2007.[4]

See also

Computer Sciences Corporation (CSC)

References

  1. ^ "Company Profile". Covansys. Retrieved 2007-05-10.
  2. ^ "Company Profile for Conversion Services International Inc (CVNS)". Retrieved 2008-10-23.
  3. ^ CSC TO ACQUIRE COVANSYS FOR $34.00 PER SHARE
  4. ^ CSC: CSC COMPLETES ACQUISITION OF COVANSYS July 2, 2007