Convergys Buys Intervoice For $335 Million
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TMCnews
[September 04, 2008]

Convergys Buys Intervoice For $335 Million

(InvesTrend Via Acquire Media NewsEdge)
September 4, 2008 (FinancialWire) -- Convergys Corp. (NYSE: CVG)
(Current Market Cap: US$1.95 Bil.) has closed its acquisition of
Intervoice, Inc., for $335 million in cash or $8.25 per share.
According to Convergys, the combination provides clients with a suite
of solutions designed to enhance customer and employee interactions and
simplify operations.
Convergys said that Intervoice allows it to extend its position in
relationship management by adding strengths in the software-based
interactive voice response, contact center, and mobile messaging
technology and applications markets.
Intervoice has U.S. locations in Dallas, Orlando, and Mountain View,
California, as well as in China, Brazil, the UAE, South Africa,
Singapore, Germany, the Netherlands, Ireland, and the U.K.
Cincinnati-based Convergys has around 75,000 employees in 85 customer
contact centers and other facilities in the United States, Canada,
Latin America, Europe, the Middle East, and Asia.
FinancialWire is a fully independent, proprietary news wire service of
Investrend Information (a division of Investrend Communications, Inc.).


FinancialWire news is written by professional journalists, dedicated
to pure journalistic standards. FinancialWire does not receive or
accept any compensation from any individual or subject company (or
representative thereof) for its news or opinions. All FinancialWire
news is available at http://www.financialwire.net . Please address any
inquiries to feedback@financialwire.net .
Free annual reports for companies mentioned in the news are available
at http://investrend.ar.wilink.com/?level=279 .

(Distributed for Investrend Communications, Inc. via M2 Communications
Ltd (www.m2.com))



Copyright ? 2008 M2 Communications Ltd.

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