Computer Sciences Corporation (CSC) NYSE: CSC is an information technology (IT) and business services company headquartered in Falls Church, Virginia, USA. CSC predominantly provides IT personnel staffing services in the following areas; systems integration and professional services; enterprise application development and management; application software for the financial services industry; business process outsourcing; managed hosting services; and application and IT infrastructure outsourcing. CSC serves Fortune Global 1000 companies in fifteen industries and national and local governments. CSC employs about 98,000 people in 93 countries and is one of the largest players in global outsourcing.
CSC reported revenue of $18.1 billion on February 20, 2008.
CSC's subsidiary in Denmark is the main sponsor of Bjarne Riis' Team CSC road bicycle racing team.
History
CSC was founded in April 1959 by Roy Nutt, Fletcher Jones and Bob Patrick. Their goal was to provide programming tools such as assemblers and compilers. Jones, who ran the business and its marketing, obtained a contract from Honeywell that made the business profitable and respected within the industry. Within four years of its founding, CSC became the largest software company in the United States and took the business public with an IPO listed on the American Stock Exchange. By the end of the 1960s, CSC was listed on the New York Stock Exchange and had operations in Canada, India, the United Kingdom, Germany, Italy, Brazil, and the Netherlands.
Since its beginnings in 1959, company headquarters had been in California. On 30 January 2008 the company announced that it would move its corporate headquarters from El Segundo to Falls Church, Virginia.
Acquisitions
- First Consulting Group (2008)
- Covansys Corporation Limited (2007)
- DataTrac Inc. (2006)
- DynCorp (2003) (some units later sold in 2005)
- PMSC/Mynd (2001)
- Nichols Research Corporation (1999)
- Ploenzke AG (1995-1999)
- Continuum (1996)
- Index Group (1988)
This article uses content from http://www.wikipedia.org
