The US' General Electric has combined four international networking subsidiaries to form GE Capital Information Technology Solutions, a new company to provide networking services and systems integration to corporate and government clients.
The new entity is made up of Ameridata Technologies, a desktop and network systems integrator from the US; Australian desktop-oriented integrator Ferntree Computer; Compunet Computer from Germany, which provides communications products and services; and TMS-Canada, also a systems integrator.
The combined unit will be headquarted at GE head office in Stamford, Connecticut and will have revenues of $5 billion a year. No staff cuts are planned from the consolidation and the four companies will, initially at least, retain their offices and brand names in their native regions. The company will employ 9,000 people in 13 countries.
GE Capital Information Technology Solutions will be headed by president Jerry Poch, formerly president of Ameridata. North American operations will be run by TMS' president Perry Monych and European operations by Jost Stollmann, founder of Compunet. The fourth former president, Norman McCann of Ferntree, will oversee Australian operations and the development of an Asian presence. In charge of Latin America, also seen by GE as a key growth area for integration services, will be Hans Koppen, formerly a vice president of Ameridata.
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