Atlanta, March 24 (Bloomberg) -- Giovanni Linari, managing director of global telecommunications for Sema Group Plc, Europe's No. 2 computer-services company, comments on the company's acquisition strategy:
London-based Sema agreed on March 15 to buy LHS Group Inc. for $4 billion in stock to expand sales of billing software to wireless phone companies.
On whether more acquisitions are planned:
``Yes. This is the first step that can give Sema access to the United States. We are really looking at the U.S. as a country where we want to do a lot of things. We want to grow very fast in the next few years.
We are looking for more in e-commerce, the Internet area, in Web integration.''
On cost savings from merger:
``What we are looking for is to optimize revenues, not reduce the costs.''
On competing with Amdocs Ltd. and Convergys Corp. to gain larger companies as customers:
``The world is becoming global. Just look at Vodafone AirTouch. If you want to deal with these companies, you have to become global.''
Mar/24/2000 10:27
London-based Sema agreed on March 15 to buy LHS Group Inc. for $4 billion in stock to expand sales of billing software to wireless phone companies.
On whether more acquisitions are planned:
``Yes. This is the first step that can give Sema access to the United States. We are really looking at the U.S. as a country where we want to do a lot of things. We want to grow very fast in the next few years.
We are looking for more in e-commerce, the Internet area, in Web integration.''
On cost savings from merger:
``What we are looking for is to optimize revenues, not reduce the costs.''
On competing with Amdocs Ltd. and Convergys Corp. to gain larger companies as customers:
``The world is becoming global. Just look at Vodafone AirTouch. If you want to deal with these companies, you have to become global.''
Mar/24/2000 10:27
