MCI Systemhouse

MCI Systemhouse specializes in running Data centers for customers and is a subsidiary of the Washington, DC-based MCI Communications Corporation, the result of a 1995 $1 billion acquisition of Canadian company SHL Systemhouse and its subsequent integration with MCI's technical services branch.[1] The new company was formed to provide systems integration and outsourcing services. SHL Systemhouse based in Ottawa, Ontario, had revenue of $1.2 billion Canadian dollars in 1994, or about $883 million at then current exchange rates.[2]

MCI Systemhouse
TypePrivate
FateAcquired and merged into Electronic Data Systems in 1999.
PredecessorSHL Systemhouse
Founded1974
Defunct1999 (1999)
HeadquartersOttawa, Canada
Area served
Global

On February 11, 1999, MCI Systemhouse was acquired by EDS of Plano, Texas for $1.65 billion.[3][4] EDS was able to recoup almost 25% of the purchase price by selling SHL Systemhouse's stake in Commerce One for $400 million in January, 2000.[5] Prior to the acquisition, MCI Systemhouse was one of several entities that formed UML Partners, a group devoted to the development of the Unified Modeling Language (UML). [6]

History

Customers of MCI Systemhouse have included Vons, CSAA, Ultramar, and United States Postal Service.

References

http://www.apnewsarchive.com/1995/MCI-to-Acquire-SHL-Systemhouse-for-$1-Billion/id-feaa2ae99f147f83354a20d769fd18b9.html

http://news.cnet.com/EDS%2C-MCI-in-17-billion-services-deal/2100-1017_3-221552.html

http://www.crn.com/news/channel-programs/18802628/eds-retains-systemhouse-identity-for-canada.htm

https://www.nytimes.com/2000/01/26/business/company-news-eds-to-sell-commerce-one-holding-for-400-million.html


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.