News & Events

Company Press Release
September 21, 2015

CSC Finalizes Fruition Partners Acquisition

FALLS CHURCH, Va.–(BUSINESS WIRE)–Sep. 21, 2015– CSC (NYSE: CSC), a global leader in next-generation IT services and solutions, today announced it has closed the acquisition of Fruition Partners, the leading provider of technology-enabled solutions for the service-management sector and the largest ServiceNow-exclusive service-management consulting firm. The acquisition bolsters CSC’s ability to offer enterprise and emerging clients an expanded range of cloud-based service-management solutions to improve their business results through organizational efficiency and lower operating costs More

Company Press Release
August 31, 2015

CSC To Combine Government Services Unit With SRA Upon Separation From CSC; Combination Will Create Leading Pure-Play Government I.T. Business In The U.S.

CSC has entered into a definitive agreement to combine its government services unit, Computer Sciences Government Services (CSGov), with SRA upon the spin-off of that unit, plans for which were announced in May.

SRA is owned by a shareholder group led by Providence Equity Partners and SRA’s founder, Dr. Ernst Volgenau, as well as members of its management team. The transaction with SRA is targeted to close before the end of November 2015, upon the separation of CSC’s government services unit. That separation is intended to qualify as a tax-free transaction to CSC shareholders.More

Company Press Release
August 11, 2015

CSC to Acquire Fruition Partners, ServiceNow’s Largest Dedicated Global Integration Partner and Leading Cloud-Based Service Management Solutions Provider

CSC (NYSE: CSC), a global leader in next-generation IT services and solutions, today announced it has signed an agreement to acquire Fruition Partners, the leading provider of technology-enabled solutions for the service-management sector and the largest ServiceNow-exclusive service management consulting firm. The proposed acquisition will enable CSC to offer enterprise and emerging clients an expanded range of cloud-based service-management solutions to improve their business results through organizational efficiency and lower operating costs. ServiceNow is a CSC strategic alliance partner. More

Company Press Release
January 6, 2015

The Carlyle Group Acquires AxleTech International

Global alternative asset manager The Carlyle Group (NASDAQ: CG) has acquired AxleTech International, a global engineering and manufacturing company for off-highway and specialty vehicle drivetrain systems and components headquartered in Troy, Michigan, from General Dynamics Corporation. Terms of the transaction were not disclosed More