Covansys Corporation
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| Industry | Information Technology Services and Consulting |
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| Founded | 1985 |
| Headquarters | Farmington Hills, Michigan |
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Key people
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Raj Vattikuti, Founder and CEO |
| Revenue | USD 455 Million (2006) |
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Number of employees
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~8,400[1] |
| Parent | Computer 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]
Contents
Industries
Financial Services, Healthcare, Life Sciences, Retail and Distribution, Manufacturing, Transportation, Telecommunications and High-Tech Industries
Company Highlights
In 2006, Covansys India received the Top Exporter Award among the industries operating out of the Jurisdiction of Madras Export Processing Zone, Chennai. In 2005, three Covansys India facilities and two Covansys U.S. facilities received the British Standard Information Security Management System BS7799-2:2002 certification. In 2005, Covansys earned the Digital Government Integrator Innovation Award presented by the Center for Digital Government for its SPIRIT project as the most innovative use of technology in Government. Covansys made Business Today’s Top Ten List as one of the Best Companies to Work for in India 2005. In 2003, Covansys received the IBM Americas Business Partnership Leadership Award.
Employer award
Covansys India Limited
Covansys India Limited is a Wholly owned subsidiary of Covansys Corporation. Covansys India's head office is located in MEPZ Chennai.
Two of the company's three wholly owned development centers in India are assessed at Level 5 in SEI CMM, all three are ISO 9001:2000 certified and assessed at Level 5 in PCMM, and five global facilities are BS7799-2:2002 certified.
Covansys, for the second consecutive year, is ranked at number eight as one of the top ten best companies to work for in India,among all industries and companies that participated in the Mercer - TNS survey published in Business Today: Nov. 5, 2006 issue.
See also
Computer Sciences Corporation (CSC)
References
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- ↑ CSC TO ACQUIRE COVANSYS FOR $34.00 PER SHARE
- ↑ CSC: CSC COMPLETES ACQUISITION OF COVANSYS July 2, 2007
