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Fuji Xerox Australia acquires KAZ BPO from Telstra
Information Technology News
Fuji Xerox Australia acquires KAZ BPO from Telstra | Fuji Xerox Australia acquires KAZ BPO from Telstra |
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| by Stan Beer | |
| Wednesday, 01 August 2007 | |
Fuji Xerox Australia has purchased the Business Process Outsourcing division of KAZ, a the IT services arm of Telstra. Telstra bought Kaz for $333 million in 2004.Featured Whitepaper
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”This acquisition gives FXGS the opportunity to leverage our strengths and our exceptional heritage in outsourcing and document management of specific business processes to the benefit of our customers or to the benefit of many organisations,” says Andy Berry, General Manager of FXGS. “The purchase of the KAZ BPO division strengthens our service delivery capability, increasing the value delivered to both our own, as well as to KAZ BPO customers. The first 90 days immediately after contract finalisation will allow us to assess the KAZ BPO operations and ensure a smooth integration of both organisations’ processes. We expect seamless business continuity for KAZ BPO customers and foresee long term growth for staff and customers alike.” Mike Foster, Managing Director of KAZ said “We considered a number of options for the KAZ Business Process Outsourcing (BPO) division and determined that as it was not core to our ICT services strategy, it would be in the best interests of our employees and our clients to take a decision now to sell the business to Fuji Xerox Australia.” A more detailed report will appear in iTWire shortly. |
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