(July 16, 2008)—Convergys Corp., which has call centers in Killeen and McGregor, is buying Dallas-based Intervoice, Inc., which makes automated voice response systems, in a $335 million cash deal.
Convergys said Wednesday directors of both companies have approved the transaction.
By Aug. 1, Intervoice shareholders will receive a tender offer of $8.25 a share, which is a premium of 24 percent above Tuesday’s closing price.
Intervoice had revenues of $202.4 million for the fiscal year that ended Feb. 28.
Convergys has about 75,000 employees in 87 customer contact centers around the world.
The company expects revenue of $2.85 billion to $3 billion for the current year.
Convergys announced in November that it had acquired the facility in McGregor west of Waco that housed a call center than computer giant Dell closed down the month before.
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