As one might have guessed two years ago when HP acquired EDS, HP doesn't want to stay in the benefits outsourcing space. In June of last year (hindsight: in preparation for its merger with Watson Wyatt) Towers Perrin sold its minority stake in excellerateHRO to HP, which presumably was just looking for 100% ownership in order to be able to sell the division. That sale took place today, as ACS attempts to grow its presence in that market.
http://realbusinessatxerox.blogs.xerox.com/2010/05/25/966/
Wednesday, May 26, 2010
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