Monday, August 27, 2007

Capgemini says 28.5 pct of US executives mulling mergers to keep market position

August 23 - Thomson Financial - IT services company Capgemini said 28.5 pct of US executives it surveyed are considering mergers and acquisitions as a way to maintain or increase their companies' global market position in the next three years.

Capgemini said it comes amid a broad lack of confidence that sales can rise enough to achieve this goal with existing resources.

It said 38.3 pct of the executives are considering greater capital investments and 32 pct are thinking of adding jobs.

Other options being considered by at least 32 pct of the executives are improving company practices outside of production, more training and outsourcing some functions.

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