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ACS Affiliated Computer Services

Type	Public (NYSE: ACS)
Founded	1988
Founder(s)	Darwin Deason
Headquarters	Dallas, TX, USA
Area served	Worldwide
Key people	Darwin Deason (Chairman of the Board) Lynn R. Blodgett (President), (CEO) & (Director)
Industry	Information Technology Services
Products	Service Provider, ITO/BPO Outsourcing
Revenue	▲ $ 6.160 billion (2008)
Operating income	▲ $ 645.08 million (2008)
Net income	▲ $ 329.01 million (2008)
Total assets	▲ $ 6.469 billion (2008)
Total equity	▲ $ 2.308 billion (2008)
Employees	74,000 - Jan 2009
Website	ACS-Inc.com

Affiliated Computer Services (ACS) (NYSE: ACS) provides information technology services as well as business process outsourcing solutions to businesses, government agencies, and non-profit organizations. ACS is based in Dallas, Texas and the current CEO is Lynn Blodgett. ACS is ranked at number 401 on the 2008 Fortune 500 list. Founded in 1988, by Darwin Deason, ACS now operates in nearly 100 countries, generating over $6 billion annually. As of September 2009, ACS employs approximately 74,000 people.^[1]

On September 28, 2009, Xerox Corporation announced plans to acquire ACS in a $6.4 billion transaction. The deal is expected to close in early 2010.^[2]

[edit] Company history

Affiliated Computer Services, Inc. (ACS) was founded by Darwin Deason in 1988. Initially created as a data services provider to the financial services industry, Deason led ACS’ expansion into the communications, education, financial services, government, healthcare, insurance, manufacturing, retail, and travel and transportation industries.^{[citation needed]}

ACS expanded beyond banking services when it signed a 10-year data processing outsourcing contract with Southland Corp. (7-Eleven). In 1995 ACS became a public company and divested bank data processing. By FY1996 ACS became the fourth largest commercial outsourcer in the U.S.^{[citation needed]} Currently, ACS is best known for it's Transportation Solutions Group (TSG), which supports transportation services including electronic toll collection, management of cities’ parking systems, and photo traffic enforcement.^[3]

Today, ACS ranks #401 on the FORTUNE 500 list and employs about 74,000 people around the world who serve thousands of commercial and government clients.^[4]

[edit] External links

• ACS Official Website

[edit] References