Newsbite: Convergys buys CRM leader Intervoice

Convergys has announced a planned merger with Intervoice, a leader in the CRM, software-based interactive voice response, contact centre and mobile messaging technology and applications markets.

The deal, worth an estimated $335 million in cash, represents a premium of 24 percent to Intervoice’s closing stock price on July 15, 2008.  Convergys expects the acquisition to be complete by the start of 2009.

Posted by on 07/18 at 05:59 AM

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