Electronic Data Systems acquires UK software provider

by Editor 3/21/2008 3:32:00 PM
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Electronic Data Systems (EDS) Corp. has acquired the British software provider Nexagent. The details of the deal, including the financial terms, have not been disclosed. The acquisition is one in the series of EDS' investments into a broader range of networking solutions.

Founded in 2000, Nexagent is a network service provider that helps companies automate the delivery of CRM solutions. Using the British IT provider's technology, EDS hopes to speed up the operation of enterprise service delivery and offer an even higher standard of services to clients of the EDS Global Services Network.

Wu Zhou, senior research analyst at the IDC Network Consulting and Integration Services said: “We see this acquisition as a key, strategic move that will give EDS a competitive advantage when onboarding clients to its global network.”

EDS Global Network Services vice-president Ray Thietten added: “With the software, resources and technology of Nexagent, EDS will reduce connection expense and provisioning time for migrating clients onto the EDS network. Our clients rely on EDS for mission-critical functions to run their businesses. Acquiring these advanced technologies allows EDS to drive even greater operational efficiencies and improve service quality.”

Under the terms of the acquisition, Nexagent employees will now become employees of the EDS and move to the EDS' EMEA centre in Stockley Park, UK.

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