March 22, 2012 – Convergys Corporation announced Thursday it will sell its information management division for $449 million to IT and networking integration provider NEC Corporation.
The proposed deal spans all of Convergys’s information management offerings and services, such as its Smart Revenue Solutions for communications and logistics markets, according to a news release from NEC. Convergys CEO Jeff Fox said in a release that the deal will strengthen the balance sheet and shareholder returns at Cincinnati-based Convergys, as well as keep the focus on its core of customer and relationship management offerings and services.
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