Tuesday, March 18, 2008
ACS Completes Acquisition of German IT Firm
Dallas-based business process outsourcing firm Affiliated Computer Services Inc. announced Tuesday that its acquisition of a German IT consulting company has closed. ACS said it bought sds business services GmbH from Waterland Private Equity Investments, an independent European private equity firm, with cash on hand. The purchase price was not disclosed. Founded in 1969, sds specializes in outsourced data center and infrastructure services, including application hosting and maintenance, system design and integration, and information technology lifecycle management. The company, which is headquartered in Mulheim an der Ruhr, Germany, also provides customized software development and SAP consulting and integration services.