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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

Cruz adds billionaire who backed Perry

Rick Perry's (R-Texas) presidential campaign. Cruz’s campaign announced Monday that Darwin Deason; Deason's son, Doug Deason; and four other major Texas businessmen have endorsed Cruz for the White House next year. ADVERTISEMENT “We did our research ...
Posted: October 26, 2015, 6:17 am

Darwin Deason/Xerox

Billionaire Darwin Deason, the largest individual shareholder in Xerox with a 6.1% stake, on Tuesday filed a lawsuit against the company, seeking to block the copier and services giant from splitting itself into two public companies. In the lawsuit, Deason ...
Posted: October 13, 2016, 11:28 pm

Perry Donor Asks For Millions In Donations Back

Texan tech billionaire Darwin Deason is asking for the return of millions in donations he made to the Opportunity and Freedom PAC now that former Gov. Rick Perry has taken himself out of the running for the 2016 Republican presidential nomination.
Posted: September 15, 2015, 2:18 pm
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