GE Capital IT Solutions

Last updated
GE Capital IT Solutions
Type Subsidiary of General Electric
Industry Information technology
Defunct2004 (2004)
FateAcquired by Platinum Equity

GE Capital Information Technology Solutions or GE ITS was the information technology services subsidiary of the General Electric corporation. It was initially formed to provide information technology services to GE subsidiaries. However, it also solicited and provided services to other companies. Services offered ranged from desktop PC support and maintenance to 24x7 I.T. operations support. It has supported companies such as Cisco Systems, Inc, IBM Global Services, GE Financial Assurance (Now Genworth Financial), and Sybase, Inc.

GE ITS was acquired by Platinum Equity in late 2004 and has now been absorbed into the I.T. solutions company called CompuCom. This acquisition has resulted in a much larger customer base, so many of the personalized services previously provided by GE ITS have been lost or replaced by CompuCom's "one size fits all" business model.

GECITS also had a representation within Australia from the purchase of Ferntree Computer Corporation, a national computer company based in Melbourne. GECITS in Australia was eventually sold to Computer Sciences Corporation (CSC)

Related Research Articles

Fujitsu Japanese multinational information technology equipment and services company

Fujitsu Limited is a Japanese multinational information and communications technology equipment and services corporation, established in 1935 and headquartered in Tokyo. Fujitsu is the world's sixth-largest IT services provider by annual revenue, and the largest in Japan, in 2021. The hardware offerings from Fujitsu are mainly of personal and enterprise computing products, including x86, SPARC and mainframe compatible server products, although the corporation and its subsidiaries also offer a diversity of products and services in the areas of data storage, telecommunications, advanced microelectronics, and air conditioning. It has approximately 126,400 employees and its products and services are available in approximately 180 countries.

CompuServe was an American online service provider, the first major commercial one in the United States – described in 1994 as "the oldest of the Big Three information services ."

NEC Japanese technology corporation

NEC Corporation is a Japanese multinational information technology and electronics corporation, headquartered in Minato, Tokyo. The company was known as the Nippon Electric Company, Limited, before rebranding in 1983 as NEC. It provides IT and network solutions, including cloud computing, AI, IoT platform, and telecommunications equipment and software, to business enterprises, communications services providers and to government agencies, and has also been the biggest PC vendor in Japan since the 1980s, when it launched the PC-8000 series.

Harlequin (software company) Software company

Harlequin was a technology company based in Cambridge, UK and Cambridge, Massachusetts. It specialized in application software for printing, graphics, law enforcement, artificial intelligence, and in implementations of programming languages. Harlequin employees sometimes referred to themselves as "The 'Late Binding' company" and the firm eventually evolved into a think tank for advanced technologies.

Patni Computer Systems

Patni Computer Systems Limited was a provider of IT services and business solutions founded by Narendra Patni. It merged with IGATE Corporation in 2011 and operated under the name IGATE Patni until 2012. The company has employed over 18,000 people in 23 international offices across the Americas, Europe, and the Asia-Pacific region, as well as offshore development centres in eight cities in India. Patni's clients included more than 360 Fortune 1000 companies.

Stratus Technologies

Stratus Technologies, Inc. is a major producer of fault tolerant computer servers and software. The company was founded in 1980 as Stratus Computer, Inc. in Natick, Massachusetts, and adopted its present name in 1999. The current CEO and president is Dave Laurello. Stratus Technologies, Inc. is a privately held company, owned solely by Siris Capital Group. The parent company, Stratus Technologies Bermuda Holdings, Ltd., is incorporated in Bermuda.

Computer Sciences Corporation Defunct American corporation that provided information technology services

Computer Sciences Corporation (CSC) was an American multinational corporation that provided information technology (IT) services and professional services. On April 3, 2017, it merged with the Enterprise Services line of business of HP Enterprise to create DXC Technology.

Globe Telecom Telecommunications service provider in the Philippines

Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates the largest mobile network in the Philippines and one of the largest fixed-line and broadband networks. As of November 2021, Globe's total mobile subscriber base reached 84 million. It is also the country’s largest telecommunications company in terms of market capitalization.

SunGard was an American multinational company based in Wayne, Pennsylvania, which provided software and services to education, financial services, and public sector organizations. It was formed in 1983, as a spin-off of the computer services division of Sun Oil Company. The name of the company originally was an acronym which stood for Sun Guaranteed Access to Recovered Data, a reference to the disaster recovery business it helped pioneer. SunGard was ranked at 480th in the U.S. Fortune 500 list in the year 2012.

Metavante Technologies, Inc., through its subsidiary, Metavante Corporation, provided financial technology services, software and financial services regulatory advice and consulting to its customers, consisting primarily of small to large sized financial institutions. The $1.5 billion organization was headquartered in Milwaukee, Wisconsin, and employed over 5,600 employees in 35 U.S. cities. On October 1, 2009, Metavante was acquired by Fidelity National Information Services.

Roper Technologies American diversified industrial company

Roper Technologies, Inc. is an American diversified industrial company that produces engineered products for global niche markets. The company is headquartered in Sarasota, Florida.

NTT Communications

NTT Communications, or NTT Com, is a Japanese telecommunications company which has operated its network services on a global scale with over 190 countries/regions and have locations in more than 70 countries/regions and employs approximately 5,500 people as of March 2020. According to the source, its headquarter is located in the Otemachi Place West tower, Otemachi, Chiyoda, Tokyo.

GXS is a subsidiary of OpenText Corporation headquartered in Gaithersburg, Maryland, United States. Its GXS Trading Grid managed more than twelve billion transactions in 2011. Since 2004, GXS has invested more than $250 million in GXS Trading Grid. As of March 16, 2012, more than 550,000 businesses connect to GXS Trading Grid and, on average, more than 2,000 new businesses join each month.

Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia.

PCM, Inc.

PCM, Inc. was a direct marketing company that offered technology products and services. The company was based in El Segundo, California. The company merged with Insight Enterprises on August 26, 2019 PCM started in 1987 as a direct market catalog via telemarketing, the Internet, direct marketing, print catalogs, and three retail showrooms.

Orbotech Ltd. a KLA company is a technology company used in the manufacturing of consumer and industrial products throughout the electronics and adjacent industries. The company is a provider of yield enhancement and production solutions for electronics reading, writing and connecting, used by manufacturers of printed circuit boards, flat panel displays, advanced packaging, micro-electro-mechanical systems and other electronic components. The company is headquartered in Yavne, Israel and operates in North America, Europe, Japan and Asia-Pacific.

NTT DATA Corporation is a Japanese multinational information technology (IT) service and consulting company headquartered in Tokyo, Japan. It is partially-owned subsidiary of Nippon Telegraph and Telephone (NTT).

NEC Corporation of America is the principal subsidiary of the multinational IT company NEC in the United States.

DST Systems

DST Systems, Inc. is an American company that was acquired by SS&C Technologies in 2018. The company provided advisory, technology and operations outsourcing services to the financial services and healthcare industries. It was founded in February 1969 as Data·Sys·Tance, a subsidiary of Kansas City Southern Industries (KCSI) and is headquartered in Kansas City, Missouri, United States. As of 2016, DST employed 13,420 people worldwide.

CompuCom Systems Inc. is a technology managed services provider and product reseller headquartered in Indian Land, South Carolina, a southern suburb of Charlotte, North Carolina. It is a wholly owned subsidiary of Variant Equity Advisors. In business since 1987, CompuCom provides Managed Workplace Services including IT solutions and hardware and software resale, integration and support services and has numerous partnerships within the technology space such as HP, IBM, Cisco, Dell, Apple, Inc, Jamf Pro, AirWatch, and Microsoft.

References