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June 20, 2000

Hays Announces Unique Partnership with I2 Technologies In Europe

COMPANY PRESS RELEASE: Hays has signed an agreement with i2 Technologies, the US-based world leader in intelligent eBusiness solutions which include planning and optimisation software for supply chain and customer management processes.

By CBR Staff Writer

The initial investment is $10m (£6.6m) with potential further payments linked to results. Hays will have unique use of i2’s software solutions in Europe when offering ‘Fourth Party Solutions’ to its major international customers.

Argon Groupe, a French consultancy specialising in supply chain and customer relationship management, was acquired for a total cash consideration of FF68m (£6.5m). Both initiatives will place Hays at the forefront of the rapidly evolving European market for B2B Internet-enabled management of outsourced business processes.

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