Convergys considering M&As for China growth

BEIJING - Relationship management company Convergys Corp is considering mergers and acquisitions (M&As) or partnerships with system integrators (SIs) as part of its growth strategy in China.

The moves will help Convergys to expand market share in the utilities, telecommunication, and video broadcasting sectors, said Robert A. Lento, president of Information Management.

Convergys anticipates huge opportunities in China as the nation develops smart power grids during the 12th Five-Year Plan period (2011-15) to promote the use of clean energy.