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Sema Company

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BUSINESS
February 12, 2001
* Electronic Data Systems Corp. is considering making a $4.3-billion bid for Anglo-French computer services company Sema, the London Observer reported without citing sources. Sema is mulling over a breakup of its businesses, the newspaper said. Plano, Texas-based Electronic Data Systems, the No. 2 U.S. computer services firm, declined to comment. * Tuesday, Treasury Secretary Paul H. O'Neill is scheduled to testify before the House Ways and Means Committee on the proposed tax cut.
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BUSINESS
February 13, 2001 | From Bloomberg News
Schlumberger Ltd., an oil-field service company that has expanded into electronic meters and "smart" bank and credit cards, agreed to buy computer system consultant Sema for $5.3 billion in cash. But Wall Street had a harsh reaction, sending Schlumberger shares down $9.20, or nearly 12%, to $69 on the New York Stock Exchange. Sema, which is 17%-owned by France Telecom, helps businesses set up computer systems and provides software for mobile phones and electronic payment systems.
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BUSINESS
February 13, 2001 | From Bloomberg News
Schlumberger Ltd., an oil-field service company that has expanded into electronic meters and "smart" bank and credit cards, agreed to buy computer system consultant Sema for $5.3 billion in cash. But Wall Street had a harsh reaction, sending Schlumberger shares down $9.20, or nearly 12%, to $69 on the New York Stock Exchange. Sema, which is 17%-owned by France Telecom, helps businesses set up computer systems and provides software for mobile phones and electronic payment systems.
BUSINESS
February 12, 2001
* Electronic Data Systems Corp. is considering making a $4.3-billion bid for Anglo-French computer services company Sema, the London Observer reported without citing sources. Sema is mulling over a breakup of its businesses, the newspaper said. Plano, Texas-based Electronic Data Systems, the No. 2 U.S. computer services firm, declined to comment. * Tuesday, Treasury Secretary Paul H. O'Neill is scheduled to testify before the House Ways and Means Committee on the proposed tax cut.
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