Network Assoc., others pursue buying strategy

Article Abstract:

Network Assoc Inc's purchase of Magic Solutions Inc reflects an aggressive acquisition strategy whose roots can be traced to the merger of Network General and McAfee Assoc, Network Assoc's parent companies. The goal of such a strategy is to strengthen a company's product lines by ensuring the successful integration of new information technology (IT) infrastructures. While Network Assoc has decided to maintain its standards, it works closely with the new company's IT department during the acquisition to make sure that deadlines are met in resolving differences.

Computer Systems Design and Related Services, Computer Services, Magic Solutions International Inc.

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"Big Six" beef up training

Article Abstract:

The market's six leading business and management consulting companies are increasing their focus on the provision of training services. These companies benefitted substantially from their initial partnerships with software vendors in the implementation of enterprise applications, particularly enterprise resource planning programs. Some of the gainers include Andersen Consulting, which posted $5.8 billion in 1997 from process automation services and Price Waterhouse-Coopers, which increased revenues from management consultancy by 183%.

Services information, Management Consulting Services, Business & Mgmt Consulting, Consulting services

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Softbank Services polishes Onex plans

Article Abstract:

Onex Corp has acquired Softbank Services Group from its parent Softbank Corp of Japan for an undisclosed amount of capital and stock. The acquisition will allow Onex to provide a wide range of outsourcing services designed to help clients maximize their customer relationships of their clients. Onex is aiming to boost its share of the $400-billion enterprise customer management market by strengthening its outsourcing services capability.

Canada, Japan, Foreign operations, Data Processing Services, Computer Service Bureaus, Information technology services industry, Onex Corp., Softbank Services Group

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