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Company Name: Le Mans
Description: The Le Mans Group (Le Mans) is a United States-based software development and servicing firm. It was established in 1981 in King of Prussia, Pennsylvania. The company is headed by its founding president and chief executive officer is James R. Conner.
Le Mans is a processor and provider of automobile leasing programs used by various financial institutions and automobile finance companies. Their products include comprehensive software used in accounting and managing automobile rental services. The company also has a lease servicing division which aims to aid financial institutions in portfolio management, particularly in the field of automobile sales and marketing.
Their products generally have huge memory capacities and underscore the operations of complex arithmetic constructs and course-plotting procedures of large proportions. This kind of software is commonly used in auditing sales and forecasting future sales of products as well as feasibility and marketability studies and reports.
Le Mans is not a popular company in the eyes of the general public as it striving to maintain its status as a company that caters to other enterprises in the industry. It aims to maintain a solid client base of topnotch companies, financial institutions and automobile finance companies. Their clientele include The Bank of America, Chase, First Union, and Nations Bank, Chrysler, Nissan, Ford, Primus, and Toyota.
In February of 1998, Fiserv, Inc.; a company based in Wisconsin, USA; acquired Le Mans. It is now a subsidiary of the said company.
Fiserv is an independent developer of information technology systems, products, and services for the financial and banking industry. Since these companies produce software handling sensitive and clandestine business operations, their product information is strictly held confidential.
George D. Dalton; Fiserv’s Chairman and CEO; believed that Le Mans has a very promising future in the rapidly growing automobile leasing industry. Le Mans’ CEO, Conner, stood up to the challenge and proved Dalton right. The company developed various high-end complementary suites of specialized software products to add to Fiserv’s portfolio of financial services.
Le Mans has gone through 10 attempted acquisitions. Fiserv is its third successful one so far. The company currently employs 150 topnotch information technology specialists and software developers.
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