Published: 29 February 2000 17:40 GMT
Cap Gemini has bought Ernst & Young Consultancy for E11.5bn (£7bn) in an attempt to strengthen its position in the US and in Germany.
The agreement will see the French company double its size to 18,000 employees, and gives it a much needed boost to compete in the US market against Andersen Consulting, EDS and IBM Global Services.
The deal is expected to be put to Ernst & Young's shareholders in the next few weeks on a country-by-country basis - an overall 75 per cent majority is needed for the agreement to be concluded.
The results are expected in April, and the terms and conditions of the deal are expected to be agreed by June.
Cap Gemini said the deal would include Ernst & Young consultancies in Canada, France, Germany, Italy, Spain and the US.
This advert was posted by Gold Group - one of the UK's leading niche recruitment consultancies. You will need a comprehensive understanding of ...
Company Our Client, the largest independent provider of software testing and quality management services, is looking to further strengthen it? ...
C++ Software Developer (C++ Development C++, C++ (Boost, STL)) C++ developer with a strong educated and previous software development experience in ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Data Protection Strategies: Deduplication for More Efficient Backups
Dell PowerVault DL2100 Powered by CommVault - Spec Sheet
True Convergence Demands a Communication Service Provider that Embraces a Customer-Centric...
Learn how Performance Metrics for Telcomm Expense Management Drive new ROIs and SLAs
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Digg
Slashdot
Del.icio.us
Stumble
Reddit
RSS Feeds
Peter Cochrane Peter Cochrane's Blog: Can I become faster and smarter? We could all use a little more help from our machines
Mark Crichard Doing business with citizen developers: Beware the legal pitfalls Legal Eye: Make sure your business is protected from potential hazards