Convergys to buy Intervoice for $335M; shares of Intervoice up 21% in pre-market

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Automated voice response systems maker Intervoice Inc. (Nasdaq:INTV) is up more than 21% in pre-market today after the company announced it will be bought by Convergys Corp. (NYSE:CVG) for $335 million in cash. Convergys said it would pay $8.25 per share for Dallas-based Intervoice. The deal should raise Convergys earnings beginning in 2009, the companies said. The deal will help Convergys, a customer and human resources management firm, offer a larger number of automated and live agent services, Convergys said.

In today’s pre-market trading, Intervoice is at $8.10, up $1.43 from Tuesday’s close. During the past 52 weeks, shares of the company have ranged from $5.10 to $11.03.

For detailed price information and recent news stories about Intervoice Inc., click INTV. For information about Convergys Corp., click CVG.