News : CSC Completes UXC Acquisition
Sydney, AU March 01, 2016 -- CSC (NYSE: CSC) announced that it has completed the acquisition of UXC Limited, an independent and publicly-owned IT services company. The acquisition was accepted overwhelmingly by UXC shareholders, with approval by the CSC and UXC boards and Australian regulators.
"We are very pleased to have the UXC team join CSC to create one of the region’s largest and most dynamic IT services companies," said Mike Lawrie, CSC’s chairman, president and CEO. "Together, CSC and UXC will be capable of leading the most challenging projects for our clients, and – at the same time – creating exciting opportunities for our people.
"CSC and UXC together will be a new and agile organisation that is well positioned to partner with clients on their digital transformation journeys. It is a further step in CSC’s global strategy to be a growth-oriented, client-focused, pure-play leader in digital transformation," said Seelan Nayagam, managing director, CSC Australia and New Zealand.
Phil Hassey, founder of advisory firm, capioIT, said: "By acquiring UXC in Australia, CSC has significantly enhanced capabilities in application platforms such as SAP, Oracle and Microsoft and will be able to offer global expertise to the UXC installed base, particularly mid-market organisations, as they make the shift to a digital-enabled economy."
Posted by: Laura Collins, Editorial Management
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Published: Wednesday, March 2, 2016