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Home > Company Index > Telecommunications > Miscellaneous End-User Communications Services > E-Sync Networks, Inc.

E-Sync Networks, Inc.
Nasdaq: ESNI
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 NEWS FROM THE WIRES
E-Sync and Charles River Consultants set up venture
Aug 06 2001 06:07 PM PDT

More WIRE STORIES about this company

 PROFILE
E-Sync Networks wants to bring all of your information technology (IT) resources into perfect, working alignment. The company provides a variety of IT services, including network design and integration, platform migration, and outsourced e-mail and messaging services. E-Sync's clients include Johnson & Johnson, PerkinElmer, and Ralston Purina. In 2001 the company agreed to sell its professional services division to Howard Systems International (HSI); months later, however, E-Sync agreed to merge with Charles River Consultants, prompting HSI to file suit against E-Sync for breach of contract and fraud. Commercial Electronics Capital Partnership controls a 51% stake in the company.

 COMPETITION
Critical Path, Inc. (CPTH)
Electronic Data Systems Corporation (EDS)
International Business Machines Corporation (IBM)

 DEALS
Deal: Howard Systems to Acquire E-Sync Division
Date Announced: 05.24.01
Value of transaction (US $Mil): Not Disclosed
Description: Howard Systems International, an IT staffing company, will purchase E-Sync's professional services division for an undisclosed amount.

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 9.80
1-Yr. Sales Growth: 30.7%
Employees: 75
Revenue per employee: $130,666.67

 KEY PEOPLE
• Michael A. Clark
    CEO
• Michael A. Clark
    CFO

 CONTACT INFO
35 Nutmeg Dr.
Trumbull, CT 06611
US
Phone: 203-601-3600
Fax: 203-601-3151
Online: Web Site

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