Convergys And Geneva To Combine.Convergys Corporation, a provider of integrated billing and customer care services, and Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. Technology Ltd. of Cambridge, U.K., a provider of convergent billing software for the telecommunications, e-commerce, utilities and online services marketplaces, announced intentions to merge. Geneva Technology will become a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Convergys Corporation, operating as the Geneva business unit. A spokesman stated that the company is positioned to now deliver both modular and end-to-end billing solutions to all tiers of the communications marketplace, in licensed or outsourced delivery models, for current and next-generation communications providers. The expanded product portfolio will drive sales in targeted, vertical markets in Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). , the United Stares and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . |
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