Computer Sciences Corporation
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| Type | Public (NYSE: CSC) |
|---|---|
| Founded | April 1959 |
| Founder(s) | Roy Nutt Fletcher R. Jones Bob Patrick |
| Headquarters | Falls Church, Virginia, United States |
| Key people | Mike Laphen, CEO[1] |
| Industry | IT Services |
| Services | Consulting Systems Integration Outsourcing |
| Revenue | ▲ $ 16.739 billion (2009)[2] |
| Operating income | ▲ $ 949.1 million (2009)[2] |
| Net income | ▲ $ 1.115 billion (2009)[2] |
| Total assets | ▲ $ 15.618 billion (2009)[2] |
| Total equity | ▲ $ 5.509 billion (2009)[2] |
| Employees | 92,000 in 90 countries[3] |
| Website | CSC.com |
CSC (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's consulting and professional services include advising clients on the acquisition and utilization of IT and on business strategy, security, modeling, simulation, engineering, operations, change management and business process reengineering. CSC serves Fortune Global 1000 companies in fifteen industries and national and local governments. CSC employs about 92,000 people in 80 countries and is one of the largest players in global outsourcing.[3]
CSC reported revenue of $16.74 billion on May 21, 2009. This was a 1.5% growth over the revenue generated in same period last year. On September 28, 2009, when Xerox acquired Affiliated Computer Services, Computer Sciences Corporation became the nation's remaining, independent major outsourcing vendor.[4]
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[edit] History
CSC was founded in April 1959 by Roy Nutt, Fletcher Jones and Bob Patrick.[5] 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 1968, CSC was listed on the New York Stock Exchange and had operations in Canada, India, the United Kingdom, Germany, Spain, 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.[6].
[edit] Acquisitions
- BearingPoint in Brazil (2009)
- Log.Sec Corporation (2008)[7]
- OBS BG (2008)[8]
- First Consulting Group (2008)[9]
- Covansys Corporation Limited (2007)
- Datatrac Information Services 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)
[edit] See also
- VP/MS (Visual Product Modeling System), a modeling language and product lifecycle management tool by CSC
- Team CSC professional cycling team, 2001-2008
[edit] References
Textron Corp., UTC Corp. Dupoint, Motorola, Freescale,
- ^ News Release -May 21, 2007
- ^ a b c d e "Financial Tables". Computer Sciences Corporation Investor Relations. http://www.google.com/finance?q=NYSE:CSC&fstype=ii. Retrieved 2009-01-23.
- ^ a b CSC: Consulting, Systems Integration and Outsourcing
- ^ http://www.informationweek.com/news/services/outsourcing/showArticle.jhtml?articleID=220300042
- ^ Our History
- ^ CSC: CSC TO MOVE CORPORATE HEADQUARTERS TO FALLS CHURCH, VIRGINIA January 30, 2008
- ^ CSC: CSC ACQUIRES LOG.SEC CORPORATION December 18, 2008
- ^ CSC: CSC STRENGTHENS GLOBAL DELIVERY CAPABILITIES WITH BULGARIAN ACQUISITION December 11, 2008
- ^ CSC: CSC COMPLETES ACQUISITION OF FIRST CONSULTING GROUP January 14, 2008
[edit] External links
- CSC
- Oral history interview with Jules I. Schwartz Charles Babbage Institute, University of Minnesota.
- Oral history interview with Gene M. Amdahl. Charles Babbage Institute, University of Minnesota, Minneapolis. [[Gene Amdahl|Amdahl] discusses his graduate work at the University of Wisconsin and his direction of the design and construction of the WISC. Describes his role in the design of several computers for IBM including the STRETCH, IBM 701, 701A, and IBM 704. He discusses his work with Nathaniel Rochester and IBM. He also mentions his work with Ramo-Wooldridge, Aeronutronic, and Computer Sciences Corporation.
