Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
June 17, 11:30 AM - 12:30 PM U.S./ET (GMT-4)
Larry Bonfante, CIO of the U.S. Tennis Association, will discuss the skills and approaches that your rising IT leaders must learn to be effective in an executive capacity.
How to Handle Your New CEO: Managing Turnover at the Top
June 18, 11:00 AM - 12:00 PM U.S./Eastern (GMT-4)
Turbulent times have increased turnover at the top. Find out what Council CIOs have done to "break in" new CEOs—build relationships, set expectations, educate on the role of IT.
Mid-Market CIO Panel: Tips and Techniques for Improving Vendor Relationships
July 15, 4:00 PM - 5:00 PM U.S./Eastern (GMT-4)
We'll highlight relationship priorities and best practices identified in a Council study, and we'll interact with a CIO panel on the approaches they've used to improve strategic vendor partnerships.
Executive Competencies Assessment Tool
Assess Your Business Leadership Skills with the Council's new benchmarking tool. Rate yourself in change leadership, strategy, customer focus and more.
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EDS to Purchase Stake in Indian Firm
Electronic Data Systems will make a conditional offer to obtain a controlling stake in Indian outsourcing and software firm Mphasis ...
April 03, 2006 — CIO —
Electronic Data Systems will make a conditional offer to obtain a controlling stake in Indian outsourcing and software firm Mphasis BFL for roughly $380 million, The Wall Street Journal reports.
Plano, Texas-based EDS plans to offer the company 204.5 rupees (roughly $4.58) for each of its shares, according to The Journal.
As a condition of the deal, EDS would acquire 83 million shares, or approximately 52 percent of Bangalore-based Mphasis’ outstanding shares, The Journal reports.
“This offer is complementary to our overall strategy to enhance EDS’ presence and capabilities in India,” said EDS Chairman and Chief Executive Mike Jordan, according to The Journal.
Mphasis currently employs more than 12,000 people, 11,000 of whom are based in India.
Check out our CIO News Alerts and Tech Informer pages for more updated news coverage.
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