Long suffering ICL will officially cease to exist from April, when it will become Fujitsu Services as part of its Japanese parent's effort to bolster its global services arm.
ICL's application units will be merged with US-based DMR Consulting to become Fujitsu Consulting, while the rest of ICL will become Fujitsu Services.
"Separating the services and consulting divisions is a model that has worked well in Japan. It complements the move to a unified brand," said John Bennett, group executive director at ICL.
The decision to rename one of the UK's best known IT firms was taken last year, but Fujitsu has been reticent about its plans.
Amid concerns over the future of ICL in September 2000, Fujitsu denied that it would rebrand the company as Fujitsu Services Europe. True to its word, 'Europe' is not included in the new name, but Fujitsu Consulting will be focused on the European market.
"The priority is getting back to sustainable profitability," explained Bennett. "In the future, we are planning to expand into North America, and build on our base in Asia Pacific." He could not say when this would happen.
ICL has been one of the stalwarts of the UK IT industry since its formation in 1968. It transformed itself from being primarily a hardware vendor into a software and services company following its acquisition by Fujitsu.
Plans to float the company in 2000 were shelved, amid steep losses for the firm.
- 1968 Merger of English Electronics and ICT to form ICL
- 1984 ICL acquired by STC Telecommunications
- 1990 Fujitsu buys 80 per cent of ICL
- 1996 ICL sells off last manufacturing capability
- 2000 Plans for flotation withdrawn
- 2002 ICL becomes Fujitsu Consulting
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