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Slide #58. CSC — ServiceMesh
CSC (NYSE:CSC) has signed a definitive agreement to acquire ServiceMesh, an enterprise cloud management company. This strategic acquisition enables CSC to continue its transformation into a next-generation IT company that helps its clients migrate their applications into cloud computing environments.
Computer Sciences is a provider of information technology services and solutions. Co.'s reportable segments are Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment provides technology solutions including consulting, applications services, and software. The GIS segment provides managed and virtual desktop solutions, unified communications and collaboration services, data center management, cyber security, compute and managed storage solutions to commercial clients. Geographically, Co. has operations throughout North America, Europe, Asia and Australia.
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Hold (2.33 out of 4)
(ranked lower than approx. 51% of all stocks covered)
Based on Zacks ABR data;
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