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Covansys

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Covansys Corporation
IndustryInformation Technology Services and Consulting
Founded1985
Defunct2007
HeadquartersFarmington 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

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References

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  1. ^ a b c "CSC Completes Acquisition of Covansys" (Press release). PRNewswire. July 2, 2007.
  2. ^ a b "Covansys Names Company Founder and Co-Chairman Raj Vattikuti as President & CEO" (Press release). PRNewswire. August 27, 2004.
  3. ^ "CSC to acquire Covansys". The Hindu. April 27, 2007.