The Channel logo

News

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

Opinion

Tim Worstall

Or why the reversal of globalisation ain't gonna 'appen
The full Spanglish breakfast: mealy pudding, bacon, black pudding, sausages, fried egg, toast
Blood image

Trevor Pott

Can the storage giant overcome a lack of necessary leadership?

Chris Mellor

Why overlapping kit from a merger equals a disaster in waiting

Features

No, silly... he was the fall guy for years of Finnish folly
Fraud image
Frodo and the Ring
Microsoft's strategy is to make Store apps popular. Good luck with that