January 12, 2008 – (HOSTSEARCH.COM) – Affiliated Computer Services (ACS – http://www.acs-inc.com) has bought web hosting provider Syan for a sum of around $60 million, it was reported this week. According to Dallas, Texas-based ACS, the deal is intended to expand its presence in the United Kingdom. The acquisition will be funded from ACS cash funds.
Syan Holdings Ltd. is a British technology-outsourcing firm with annual revenue of $75 million. The company will operate under the name ACS Syan and be managed by Syan management.
ACS “offers innovative and effective outsourcing solutions” for a global customer base and features business process outsourcing (BPO) and information technology outsourcing (ITO). Syan’s services include colocation, web hosting, and application management. The company specializes in servicing IBM and Intel servers.
"This acquisition strengthens ACS' end-to-end IT services. Syan's data center facilities in the United Kingdom, combined with their exceptional subject matter expertise, will enable ACS to provide clients with multi-scope IT services on a global scale," explained Senior Managing Director of IT Outsourcing at ACS, Derrell James. "Syan's clients will be backed by a FORTUNE 500 company that offers a global delivery model, and ACS will be able to leverage an impressive suite of ITO services for our global clients who have operations in the United Kingdom and Europe."
