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Computer Sciences Corporation (CSC) was an American
multinational corporation A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, i ...
that provided
information technology Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system ...
(IT) services and professional services. On April 3, 2017, it merged with the Enterprise Services line of business of HP Enterprise (formerly Electronic Data Systems) to create
DXC Technology DXC Technology is an American multinational information technology (IT) services and consulting company headquartered in Ashburn, Virginia. History DXC Technology was founded on April 3, 2017 when the Hewlett Packard Enterprise Company (HP ...
.


History

CSC was founded in April 1959 in Los Angeles, California, by Roy Nutt and Fletcher Jones. CSC initially provided programming tools such as assembler and
compiler In computing, a compiler is a computer program that translates computer code written in one programming language (the ''source'' language) into another language (the ''target'' language). The name "compiler" is primarily used for programs that ...
software. In the 1960s, CSC provided software programming services to major computer manufacturers like IBM and
Honeywell Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building technologies, performance ma ...
and secured their first contracts for the U.S. public sector with
NASA The National Aeronautics and Space Administration (NASA ) is an independent agency of the US federal government responsible for the civil space program, aeronautics research, and space research. NASA was established in 1958, succeedi ...
(among others). By 1963, CSC became the largest software company in the United States and the first software company to be listed on the
American Stock Exchange NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was kno ...
. By the end of 1968, CSC was listed on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
and had operations in
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tota ...
,
India India, officially the Republic of India ( Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the ...
, the United Kingdom,
Germany Germany, officially the Federal Republic of Germany (FRG),, is a country in Central Europe. It is the most populous member state of the European Union. Germany lies between the Baltic and North Sea to the north and the Alps to the sou ...
,
Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = '' Plus ultra'' ( Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , ...
,
Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical ...
,
Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
, and the
Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...
. In 1967, CSC set up Computicket Corp. to compete in the fledgling electronic ticket market competing with Ticketron but lost $13 million and discontinued the service in 1970. In the 1970s and 1980s, CSC expanded globally winning large contracts for the finance and defense industries and through acquisitions in Europe and Australia. In 2000 CSC founded a joint-venture called Innovative Banking Solutions AG in
Wiesbaden Wiesbaden () is a city in central western Germany and the capital of the state of Hesse. , it had 290,955 inhabitants, plus approximately 21,000 United States citizens (mostly associated with the United States Army). The Wiesbaden urban area ...
, Germany to market their newly developed SAP solution for mortgage companies. Since its beginnings in 1959, company headquarters had been in
California California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the ...
. On March 29, 2008, the corporate headquarters of the company were relocated from El Segundo, California, to Falls Church,
Virginia Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the East Coast of the United States, Atlantic Coast and the Appalachian Mountains. The geography an ...
. CSC has been a
Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by '' Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along ...
Company since 1995, coming in at 162 in the 2012 rankings. In fiscal 2013, CSC acquired ServiceMesh (cloud management) for $282M, Infochimps (a big data platform) for $27M, 42Six (analytics for national intelligence) for $35 million, iSOFT (application solutions) for cash and debt, and AppLabs (application testing) for $171M. In May 2015, CSC announced plans to split the public sector business from its commercial and international business. In August, it was announced that CSC's Government Service business would merge with SRA International to form a new company — CSRA—at the end of November 2015. In July 2015, CSC and HCL Technologies announced the signing of a joint venture agreement to form a banking software and services company, Celeriti FinTech. In September 2015, CSC closed the acquisition of Fixnetix, a provider of front-office managed trading solutions in capital markets. CSC also acquired Fruition Partners, a provider of technology-enabled solutions for the service-management sector during the month. In November 2015, CSC agreed to acquire the shares of
UXC UXC Ltd is an Australian company owned by DXC Technology, which operates in the IT services industry with over 3,000 employees in the private and public sectors across Australasia. UXC is composed of three distinct internal groups in various i ...
, an IT services company based in Australia in a deal valued at (). In December 2015, business technology and services provider, Xchanging, agreed to be purchased by CSC. In February 2016, CSC announced it was moving its headquarters to
Tysons Tysons, also known as Tysons Corner, is a census-designated place (CDP) in Fairfax County, Virginia, United States, developed from the corner of Chain Bridge Road ( SR 123) and the Leesburg Pike ( SR 7). Located in Northern Virginia between the c ...
, Fairfax County's central business district, just a few miles from Annandale, Virginia. On April 3, 2017, it merged with HPE Enterprise Services to create
DXC Technology DXC Technology is an American multinational information technology (IT) services and consulting company headquartered in Ashburn, Virginia. History DXC Technology was founded on April 3, 2017 when the Hewlett Packard Enterprise Company (HP ...
.


Business

CSC ranked among the leading IT
service provider A service provider (SP) is an organization that provides services, such as consulting, legal, real estate, communications, storage, and processing services, to other organizations. Although a service provider can be a sub-unit of the organization t ...
s in the world. Geographically, CSC had major operations throughout North America, Europe, Asia, and Australia. The company operated in three broad service lines or sectors until the 2015 divestment of NPS, its public sector: * North American Public Sector (NPS): Since 1961, CSC had been one of the major IT
service provider A service provider (SP) is an organization that provides services, such as consulting, legal, real estate, communications, storage, and processing services, to other organizations. Although a service provider can be a sub-unit of the organization t ...
s for the U.S. federal government. CSC provided services to the
United States Department of Defense The United States Department of Defense (DoD, USDOD or DOD) is an executive branch department of the federal government charged with coordinating and supervising all agencies and functions of the government directly related to national secur ...
, law enforcement and intelligence agencies ( FBI, CIA,
Homeland Security Homeland security is an American national security term for "the national effort to ensure a homeland that is safe, secure, and resilient against terrorism and other hazards where American interests, aspirations, and ways of life can thrive" t ...
), aeronautics and aerospace agencies (
NASA The National Aeronautics and Space Administration (NASA ) is an independent agency of the US federal government responsible for the civil space program, aeronautics research, and space research. NASA was established in 1958, succeedi ...
). In 2012, U.S. federal contracts accounted for 36% of CSC total revenue. *
Managed Services Managed services is the practice of outsourcing the responsibility for maintaining, and anticipating need for, a range of processes and functions, ostensibly for the purpose of improved operations and reduced budgetary expenditures through the re ...
* Business Solutions and Services The company made several acquisitions, including DynCorp in 2003 and
Covansys Corporation Covansys Corporation was a global consulting and technology services company, specializing in outsourcing of personnel and services, headquartered in Farmington Hills, Michigan Farmington Hills is a city in Oakland County in the U.S. state of ...
in 2007.


Awards and recognition

* In September 2012, CSC was ranked 8th in ''Software Magazine''’s Software 500 ranking of the world’s largest software and service providers.


Criticism

* In June 2013, Margaret Hodge, chair of the Public Accounts Committee, a Select committee of the British House of Commons, described CSC as a "rotten company providing a hopeless system" with reference to their multibillion-pound contract to deliver the National Programme for IT Lorenzo contract. * In December 2011, the non-partisan organization Public Campaign criticized CSC for spending on
lobbying In politics, lobbying, persuasion or interest representation is the act of lawfully attempting to influence the actions, policies, or decisions of government officials, most often legislators or members of regulatory agencies. Lobbying, whic ...
and not paying any taxes during 2008–10, instead getting in tax rebates, despite making a profit of . * In February 2011, the U.S. Securities and Exchange Commission (SEC) launched a fraud investigation into CSC's accounting practices in Denmark and Australian business. CSC's CFO Mike Mancuso confirmed that accounting errors and intentional misconduct by certain personnel in Australia prompted SEC regulators to turn their gaze to Australia. Mancuso also stated that the alleged misconduct includes in both intentional accounting irregularities and unintentional accounting errors. The SEC accused the former CEO Mike Laphen of fraud and clawed back $4,35 million * The company has been accused of breaching human rights by arranging several illegal rendition flights for the CIA between 2003 and 2006, which also has led to criticism of shareholders of the company, including the governments of Norway and Britain. * The company has engaged in a number of activities that have resulted in legal action against it. These are: *# Its so called ''WorldBridge Service'' ( Visa Services), which processed and issued millions of visa applications to enter Britain, did not involve British authorities. *# CSC was one of the contractors hired by the Internal Revenue Service to modernize its tax-filing system. They told the IRS it would meet a January 2006 deadline, but failed to do so, leaving the IRS with no system capable of detecting fraud. Its failure to meet the delivery deadline for developing an automated refund fraud detection system cost the IRS between and .


See also

* VP/MS (Visual Product Modeling System), a modeling language and
product lifecycle management In industry, Product Lifecycle Management (PLM) is the process of managing the entire lifecycle of a product from its inception through the engineering, design and manufacture, as well as the service and disposal of manufactured products. P ...
tool by CSC * Top 100 US Federal Contractors * CSRA Inc., formed by a merger of CSC's North American Public Sector and SRA International * Team CSC and other names 2003-2010. Professional cycling sponsorship under team owner Bjarne Riis.


References


External links

*
Computer Sciences Corporation SEC Filings
{{authority control 1959 establishments in California 2017 disestablishments in California 2017 mergers and acquisitions American companies established in 1959 American companies disestablished in 2017 Call centre companies Companies based in Fairfax County, Virginia Companies listed on the New York Stock Exchange Computer companies established in 1959 Computer companies disestablished in 2017 Defunct companies based in Virginia Defunct computer companies of the United States Defunct computer hardware companies Information technology companies of the United States International information technology consulting firms International management consulting firms Management consulting firms Outsourcing companies Software companies established in 1959 Software companies disestablished in 2017 Technology companies based in Greater Los Angeles Technology companies established in 1959 Technology companies disestablished in 2017