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Affiliated Computer Services Inc. (ACS) provides information technology services as well as business process outsourcing solutions to businesses, government agencies, and non-profit organizations. ACS is based in Dallas, Texas and the current CEO is Lynn Blodgett. ACS is ranked at number 341 on the 2010 Fortune 500 list. Founded in 1988, by Darwin Deason, ACS now operates in nearly 100 countries, generating over $6 billion annually. As of September 2009, ACS employs approximately 74,000 people.
On September 28, 2009, Xerox Corporation announced plans to acquire ACS in a $6.4 billion transaction. The deal closed on February 8, 2010.


Affiliated Computer Services, Inc. (ACS) was founded by Darwin Deason in 1988. Initially created as a data services provider to the financial services industry, Deason led ACS??? expansion into the communications, education, financial services, government, healthcare, insurance, manufacturing, retail, and travel and transportation industries.
ACS expanded beyond banking BPO services when it signed a 10-year data processing outsourcing contract with Southland Corp. (7-Eleven). In 1995 ACS became a public company and divested bank data processing. By FY1996 ACS became the fourth largest commercial outsourcer in the U.S. Currently, ACS is best known for its Transportation Solutions Group (TSG), which supports transportation services including electronic toll collection, management of cities??? parking systems, and photo traffic enforcement.
In 2009, ACS ranked #401 on the FORTUNE 500 list and employs about 74,000 people around the world who serve thousands of commercial and government clients.
In February 2010, following its acquisition by Xerox, ACS was replaced by Urban Outfitters on the Standard & Poor 500 Index.
In 2006, the Securities and Exchange Commission (SEC) notified ACS that they were conducting an informal investigation into certain stock option grants made by the company from October 1998 through March

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Darwin Deason Latest News

WOW: Cruz Tried To Broker Unity Ticket In Primaries, Rubio Turned It Down

On March 2, the day after Super Tuesday, when Rubio was crushed everywhere, Doug Deason, son of billionaire megadonor Darwin Deason, spoke to Cruz campaign manager Jeff Roe. Deason wanted to pitch Rubio’s campaign on the unity-ticket idea. Deason called ...
Posted: November 17, 2016, 12:06 pm

Xerox settles shareholder suit over plan to split core business

Investor Darwin Deason, who owns ~6% of XRX shares, had sued seeking to block a reorganization that would effectively reverse XRX's $6.2B takeover of Affiliated Computer Services, which he founded. Under the terms of the settlement, Deason will get 180K ...
Posted: October 31, 2016, 9:59 am

Xerox settles with large investor over spin-off

Darwin Deason had sued Xerox earlier this month in a U.S. District Court in Dallas over the company's plan to divide its legacy copier and printer business from its business process outsourcing unit, which would become a new company called Conduent Inc ...
Posted: October 31, 2016, 6:05 am
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