Last $59.12 USD
Change Today +0.45 / 0.77%
Volume 1.5M
As of 8:04 PM 10/23/14 All times are local (Market data is delayed by at least 15 minutes).

computer sciences corp (CSC) Snapshot

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07/24/14 - $65.52
52 Week Low
10/31/13 - $46.80
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computer sciences corp (CSC) Details

Computer Sciences Corporation provides information technology (IT) and professional services and solutions in North America, Europe, Asia, and Australia. The company operates through Global Business Services, Global Infrastructure Services, and North American Public Sector segments. The Global Business Services segment provides technology solutions, including consulting, applications services, and software. This segment offers applications services optimize clients' application portfolio and information services sourcing strategy; industry-based software, services, and business process services and outsourcing services primarily to the insurance, banking, healthcare, and life sciences industries; and consulting services that help commercial organizations, public-sector entities, and local businesses innovate, transform, and create sustainable competitive advantage. The Global Infrastructure Services segment provides managed and virtual desktop solutions, unified communications and collaboration services, data center management, cyber security, and compute and managed storage solutions to commercial clients. This segment also delivers next-generation cloud offerings, including infrastructure as a service, private cloud solutions, CloudMail, and storage as a service. The North American Public Sector segment delivers IT, mission, and operations-related services to the Department of Defense, civil agencies of the U.S. federal government, as well as other foreign, state, and local government agencies. The company has a strategic partnership with HCL Technologies to create an applications modernization delivery network. The company was founded in 1959 and is headquartered in Falls Church, Virginia.

79,000 Employees
Last Reported Date: 05/22/14
Founded in 1959

computer sciences corp (CSC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.3M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $700.0K
Executive Vice President and General Manager ...
Total Annual Compensation: $650.0K
Executive Vice President and General Counsel
Total Annual Compensation: $539.7K
Executive Vice President and General Manager ...
Total Annual Compensation: $532.7K
Compensation as of Fiscal Year 2014.

computer sciences corp (CSC) Key Developments

Computer Sciences Corporation and VMware, Inc. Collaborate to Deliver Web Scale OpenStack IaaS Platform

Computer Sciences Corporation and VMware, Inc. have extended their collaboration by announcing plans for a web scale OpenStack Infrastructure-as-a-Service, or IaaS, platform built on VMware's software-defined data center solutions. CSC will combine its Agility Platform with VMware Integrated OpenStack and VMware's enterprise-class compute, networking and storage solutions to provide next-generation IaaS solutions. Through this collaboration, CSC will quickly and cost-effectively provide customers with open APIs to access CSC next-generation business infrastructures, while delivering improved automation, agility, security, and speed to market. In building this platform based on a software-defined data center architecture and leveraging OpenStack with VMware technologies, CSC will meet the requirement of its enterprise customers who are looking for proven, highly-available infrastructures on which to develop and run application workloads. CSC selected VMware's enterprise-class infrastructure, including VMware vSphere, VMware NSX, VMware Virtual SAN and VMware vCenter Log Insight, as the underpinnings for CSC's OpenStack strategy. These solutions, when coupled with CSC's Agility Platform and VMware Integrated OpenStack, help reduce capital and operational expenses, and total cost of ownership for production-grade OpenStack deployments. CSC will be able to achieve demonstrable cost savings and faster time-to-value for customers deploying OpenStack by using VMware technologies to deliver its next-generation OpenStack IaaS platform. VMware Integrated OpenStack will enable CSC to roll out new policy compliant and automated IT infrastructures in a mere fraction of the time required by using loosely coupled, disparate technologies. The VMware NSX network virtualization platform will help CSC meet the automated provisioning and self-service requirements of a true IaaS environment. This solution will enable each person accessing the infrastructure the ability to provision their own networks logically without touching the physical infrastructure, while meeting both their security and compliance requirements. In addition, VMware Virtual SAN has the ability to help CSC in reducing overall hardware costs while adding greater flexibility in the types of application workloads the IaaS platform can handle.

CSC Announces Executive Changes

CSC announced that Diane Wilfong has been named vice president, controller and principal accounting officer. She will report to Paul Saleh, executive vice president and chief financial officer at CSC. Wilfong joins CSC from Caesars Entertainment, where she has served as senior vice president, controller and chief accounting officer. She will replace Michael Sweeney who has been CSC's interim controller since September 16, 2014. In her new role, Wilfong will lead CSC's global controllership organization and closely support the business as the company builds its leadership in next-generation IT offerings. She will lead CSC's compliance and reporting, provide technical accounting to support the business and explore initiatives to improve efficiency.

Indian IT Firms Likely To Bid For CSC If It Splits Operations

Indian information technology companies, including Wipro Ltd. (BSE:507685) and HCL Technologies Ltd. (BSE:532281), could bid for Computer Sciences Corporation (NYSE:CSC) if it splits its public sector and commercial operations before putting itself up for sale. Senior executives at Wipro and HCL said they could "consider" the commercial business of Computer Science Corp as it will help them scale up their presence in the United States and Europe.


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Valuation CSC Industry Range
Price/Earnings 14.6x
Price/Sales 0.7x
Price/Book 2.1x
Price/Cash Flow 5.1x
TEV/Sales 0.2x

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