The Channel logo


By | Kelly Fiveash 3rd August 2007 11:33

BT tries French IT services outfit for size

Offers €60m cash

BT said today it has put forward a €60m cash offer to buy a division of French IT services firm CS Communication and Systèmes.

The firm's mission critical infrastructures unit provides a variety of services including IT consulting, data centre support, outsourcing, and network integration in the public and private sectors.

CS employs over 1,300 staff and saw sales of nearly €138m last year.

The UK telecoms giant has an exclusive agreement with CS until 30 November 2007 in order to complete the transaction.

BT shares are trading up 0.16 per cent at 318 pence this morning on the London Stock Exchange. ®

alert Send corrections


shutterstock_183801788_container ship

Chris Mellor

The SAN growth glory days are well and truly over, so where next?

Tom Whipp

Insurance industry insider tells all
Crypto fingers
Kids on wall. Pic: US Army/Capt Emily Skolozynski


Better to play nicely than try to muscle in on territory


Michael Dell. Pic by Joi Ito
Cool Texas dude is just your average billionaire
The Seeing Eye by Valerie Everett, Flickr, CC2.0
Follow the money – or, at least, our projections
Boats storm girl photo via Nikolina Mrakovic
The puppets from Team America: World Police gather at a bar for drinks.