What happened to Affiliated Computer Services?

What happened to Affiliated Computer Services?

In 2009, ACS ranked #401 on the FORTUNE 500 list and employed about 74,000 people around the world who served thousands of commercial and government clients. In February 2010, following its acquisition by Xerox, ACS was replaced by Urban Outfitters on the Standard & Poor 500 Index.

Who owns affiliated computers?

XeroxAffiliated Computer Services / Parent organizationXerox Holdings Corporation is an American corporation that sells print and digital document products and services in more than 160 countries. Wikipedia

What kind of company is ACS?

ACS Solutions is a leading global information technology, consulting, and business solutions company. Since 1998, we have been a trusted partner to customers worldwide in their IT transformation journey.

Did Xerox sell ACS?

Xerox said Monday it will buy Affiliated Computer Services in a cash and stock deal valued at $6.4 billion. Xerox is valuing ACS at $63.11 a share, up from ACS’ closing price of $47.50. The move transforms Xerox into a services company that can focus on business process management and outsourcing (statement).

Who is Conduent owned by?

Xerox created Conduent when it spun off its business services division in 2016. The company formerly known as Affiliated Computer Serivces was purchased by Xerox for $6 billion from founder Darwin Deason.

When did ACS become Conduent?

Xerox shed several business interests in 2017 and created the publicly traded company Conduent Incorporated. 6 That was when ACS became Conduent Education Services, which handled student loan servicing from 2017 forward. Conduent moved to start winding down all student loan servicing operations for FFEL loans.

Is Conduent a legitimate company?

That said, while Conduent is a real company with real work from home opportunities, THIS POST IS NOT FROM THEM – IT’S FROM A SCAMMER POSING AS THEM. Note: In addition to being all over Facebook, this “job” is also being posted to LinkedIn, Upwork, and many job boards.

What does Conduent actually do?

Conduent provides business services such as medical billing, patient support services, electronic toll collection, Medicaid screening, and prepaid card processing for government benefits such as welfare, Social Security, and food stamps.

Who owns Grupo ACS?

Florentino Pérez
ACS Group

Headquarters in Madrid, Spain
Total assets €38.592 billion (2019)
Owner Florentino Pérez (12.5%)
Number of employees 190,431 (2019)
Website www.grupoacs.com