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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

Xerox & Fujifilm ‘One year after’ – Andy McCourt

The genius of the dissident shareholders Carl Ichan and Darwin Deason, plus their new puppet board, has wiped a third of the value off the company. If ever egg was to be all over faces, it should be t...
Posted: January 8, 2019, 9:59 pm

Billionaire investors Icahn and Deason write blog post slamming Xerox-Fuji deal

Carl Icahn and Darwin Deason are a couple of seasoned billionaire investors ... is the best path to create value for Xerox shareholders,” a spokesperson wrote to TechCrunch. Regardless, it’s not often ...
Posted: February 12, 2018, 8:12 am

Wired News – Renewed Merger Talks Between Xerox and Fujifilm Hits Fresh Roadblock as US Judge Temporarily Blocks the Deal

His ruling was the result of a lawsuit brought in by Xerox's largest investors Darwin Deason who was against the deal. Activist Investor Carl Icahn, one of the largest investor, in Xerox has also been ...
Posted: May 1, 2018, 5:36 am
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