Press Releases from CSC (17 total)
CSC RECEIVES $50 MILLION AIR FORCE CONTRACT TO PROVIDE INFORMATION TECHNOLOGY SU …
CSC (NYSE: CSC) announced that the U.S. Air Force’s Air Mobility Command (AMC) has awarded the company a contract to provide applications infrastructure and systems support services. The contract has a one-year base period and three one-year options, bringing the estimated total four-year value to $50 million. This contract was awarded toCSC during the company's fourth quarter fiscal 2009 and the value was included in the May 20, 2009, earnings…
CSC Signs Seven-year IT Outsourcing Agreement With Nobel Biocare
CSC (NYSE: CSC) announced that it has signed a seven-year information technology (IT) services outsourcing contract with dental implant manufacturer Nobel Biocare headquartered in Switzerland. Financial terms of the agreement were not disclosed.
CSC will assume responsibility for desktop and help desk services, as well as data center operations supporting 38 Nobel Biocare locations in 33 countries representing five continents. Outsourcing these functions will enable the company to achieve cost…
CSC Signs Two Contracts With Diageo Totaling $35 Million
CSC (NYSE: CSC) announced that it has been selected to design, develop and implement a new worldwide supply chain management solution for Diageo, the world's leading premium alcoholic drinks company that includes brands such as Johnnie Walker, Guinness and Smirnoff. The 4.5-year agreement has an estimated value of $7 million.
Under the terms of the contract, CSC will develop an SAP-based system to enhance visibility of Diageo's product stocks worldwide, improve…
CSC Signs $99.5 Million Contract Extension With AMP
CSC (NYSE: CSC) announced that leading Australian wealth management company AMP Limited (ASX: AMP) has extended its relationship with CSC. The new six-year, $99.5 million (AUD$150 million) contract was awarded during CSC's fiscal 2009 fourth quarter. It extends the two companies' original engagement, which started in 1993, making it one of the longest running strategic information technology (IT) outsourcing relationships in Australia.
Under the new agreement, CSC will continue to…
CSC Announces New Family of Cloud Services
CSC (NYSE: CSC) announced the next step in its company-wide commitment to cloud computing. Building on its enterprise systems integration, mission-critical security capabilities and global presence, CSC announced a family of cloud services that leverage the company's strengths with private clouds and combines them with new public cloud models.
Clients will benefit from these new cloud services in which CSC manages complete ecosystems of cloud service providers, including platform-as-a-service, infrastructure-as-a-service and…
CSC Launches Federated Identity Management Solution
CSC (NYSE: CSC) announced the launch of its Federated Identity Management (FIM) offering, a solution designed to enable companies and organizations to establish trusted relationships with business partners and outside parties. The new solution is part of CSC's Trusted Identity Enterprise Suite(TM), the company's portfolio of fully integrated, end-to-end identity management solutions.
FIM fulfills business and technical requirements among an organization and its partners to provide secure shared access capabilities…
CSC Appoints Bryan Brady Vice President of Investor Relations
India, 18th March 2009 - CSC (NYSE: CSC) announced that Bryan Brady has been named Vice President of Investor Relations, reporting to Mike Mancuso, Chief Financial officer. Bill Lackey, Director of Investor Relations, will retire after a transition period.
Brady has held several executive positions with the company, including corporate controller and vice president of Finance for CSC's European operations.
Prior to joining the company in 1997, Brady had 20…
CSC RANKS FIRST IN BPO CONTRACT VOLUME FOR LIFE INSURANCE, PENSIONS AND ANNUITIE …
India, 24th Feb. 2009 – CSC (NYSE: CSC) announced that it holds the largest number of reported contracts in life, pensions and annuities business process outsourcing (BPO), according to a new report from Celent, a financial services technology research and advisory firm. CSC also was identified, in terms of contract count, as the leading provider in property and casualty (P&C) insurance BPO for policy administration.
For its Dec. 24, 2008, report…
CSC ANNOUNCES NEW CLOUD COMPUTING AND SOFTWARE SERVICES
Brian Boruff Named Vice President to Lead CSC-wide Initiative
India, 16th Feb.2009 – CSC (NYSE: CSC) announced a companywide Cloud Computing and Software Services initiative to deliver software-as-a-service and managed-cloud-computing solutions to help clients manage data, lower operational costs and make collaboration across public and private networks easier and more effective.
Brian Boruff, who joins the company as a vice president, will lead the initiative. He will report to Russ Owen,…
CSC Announces New Releases of Enterprise Content Management Solutions for Life S …
FirstPoint (SharePoint) and FirstDoc (Documentum) Solutions Deliver Regulatory Document Management and Collaboration Capabilities
India, 20th January 2009- CSC (NYSE: CSC) announced new releases of its FirstPoint and FirstDoc enterprise content management (ECM) solutions, adding features designed to support the systematic management of all aspects of the document life cycle and the growing collaboration needs of global life science organizations. Several new clients are implementing the solutions. More than 4,000 FirstDoc and…
CSC ACQUIRES LOG.SEC CORPORATION
Acquisition Extends Logistics and Infrastructure Offerings
India, Dec. 22, 2008 – CSC (NYSE: CSC) announced that it has acquired Log.Sec Corporation, a privately owned information technology (IT) and logistics engineering firm based in Manassas, Va. CSC expects the transaction to be accretive to earnings in the first year. Terms of the acquisition were not disclosed.
Log.Sec is the largest IT services provider at Aberdeen Proving Ground (APG), Md., with approximately 385…
CSC STRENGTHENS GLOBAL DELIVERY CAPABILITIES WITH BULGARIAN ACQUISITION
Firm to Operate as Nearshore Delivery Center for European Clients
India, Dec. 15, 2008 – CSC (NYSE: CSC) today announced the acquisition of Object Builder Software (OBS), a Bulgarian information technology (IT) services firm. The all cash acquisition expands CSC’s global delivery capabilities and complements the company’s network of lower-cost centers in Eastern Europe, providing clients with expanded industry vertical expertise, time zone coverage, and technical and language skills.
The addition…
CSC Receives $4.6 Billion in Second-Quarter New Business Orders
Previously Unannounced Awards of $4.3 Billion Are in Addition to $310 Million in Previously Announced Awards
India, 3rd November, 2008 -- CSC (NYSE: CSC) announced that the company had an estimated $4.3 billion in previously unannounced business orders and awards across its three primary lines of business during CSC's fiscal 2009 second quarter ended Oct. 3, 2008.
"We are pleased with another strong quarter of new business awards," said CSC Chairman, President…
CSC SIGNS STRATEGIC IT AGREEMENT WITH VWR INTERNATIONAL, LLC
Agreement will Strengthen Asian Presence for Both Companies
New Delhi, October 23, 2008 – CSC (NYSE: CSC) today announced that it has signed a three-year information services agreement with VWR International, LLC.
Under the terms of the agreement, CSC will provide a variety of infrastructure support services to VWR’s operations in China, India and Singapore. The strategic relationship will enhance VWR’s team in the Asia-Pacific region, an area key…
CSC CHAIRMAN Underscores Company Commitment to Expand India Operations
Michael Laphen Visits CSC Operations in India
New Delhi, Oct. 15, 2008 – CSC (NYSE:CSC) announced today that Michael W. Laphen, Chairman, President and CEO of CSC, began a six-day visit to India, where he will be sharing the company’s strategic growth plans. He will also meet with CSC employees to discuss their role in the company’s global business strategy. In addition, he will inaugurate the Noida campus, the largest CSC…
Gartner Report Positions CSC in the ‘Leaders’ Quadrant for Managed & Profess …
India, Sept. 23, 2008- CSC (NYSE: CSC) announced that it is positioned in the "leaders" quadrant of the Gartner report Magic Quadrant for Managed and Professional Network Service Providers, Worldwide. The report evaluates vendors that deliver information technology (IT) services for business communications systems on a global basis.
According to Gartner, "Vendor and customer experience weigh heavily in the leaders quadrant. Leaders have demonstrated that they have significant network management and…
CSC Launches U.S. Advertising Campaign as Part of Global Brand Repositioning
'New CSC' Seeks to Increase and Strengthen Brand Perception
New Delhi, September 11, 2008 -- Technology leader CSC (NYSE:CSC) today launched the company's first-ever U.S. brand advertising campaign with print ads in targeted national publications. The campaign is part of its strategic global brand repositioning that began earlier this year.
"This campaign is designed to clearly communicate what CSC stands for: global experience, industry-specific expertise, a collaborative approach and tenacious ingenuity," said…