European services firm Cap Gemini has acquired US telcoms consultancy, Beechwood, for $200 million.
Mike Meyer, Cap Gemini America?s president and chief executive, said: "This acquisition gives us the muscle we need to transform the landscape in the services arena for the growing telecommunications industry."
Beechwood, which was founded in 1988, has seen annual growth rates averaging 43 per cent over the past four years and employed 400 people at the end of 1998. The company forecasts 1999 revenues of $80 million.
To comment on this story, email [email protected]
Uber manager raised concerns about self-driving vehicle programme five days before fatal Uber crash in Arizona
Uber manager complained about series of near misses by autonomous vehicles that had not been properly investigated
Privilege escalation bug already being exploited in the wild
NASA's Voyager 2 probe set to reveal secrets of space beyond the heliosphere as it goes interstellar
The probe is now more than 18 billion kilometres from Earth, with equipment enabling it to reveal some of the secrets of interstellar space
Four glaciers located west of massive Totten glacier have lost almost three metres of ice in height since 2008