Unisys caught in BankWest play

in brief Unisys West, a joint IT services venture between Unisys and BankWest, today sailed into uncertain waters with allegations the West Australian bank was being circled by potential acquirers.

Unisys West was set up a number of years ago by the pair as part of BankWest's technology outsourcing deal with Unisys. Although the joint venture primarily provides BankWest's IT needs, its website also lists customers such as the Western Australian Departments of Child Protection and Education and Training.

The two parent companies have for some time been planning to shut Unisys West down, with BankWest due to take IT services back in-house, although a date for the closure has not yet been set.

However, Fairfax newspapers reported this morning that Commonwealth Bank of Australia had made an offer for BankWest. Although CBA subsequently denied the report, any acquisition of BankWest would also give the combined company part ownership of the joint venture.

A Unisys spokesperson declined to comment directly on the issue.

Advertisement

Talkback 0 comments

Latest Videos

Sponsored content

Power Centre - Content from our premier sponsors

Blogs

  • David Braue Can not-so-smart meters help the NBN?
    It was interesting to witness Conroy's recent enthusiasm to spruik the NBN's role in supporting the Smart Grid, Smart City initiative. What a pity that Conroy hadn't yet seen the damning report from the Victorian auditor-general about that state's smart-meter roll-out.
  • Array Can the Telco Reform Act be win-win?
    In the second of our two programs looking at the Senate Inquiry into the Telecommunications Legislation Amendment Bill, we hear from shareholders, bureaucrats and industry groups.
  • Array Has New Zealand's smiling assassin delivered?
    One year into its tenure, how has the new New Zealand Government performed on issues of technology and telecommunications?
  • More blogs »

Tags

Back to top

Featured