CSC Signs 10-Year, $900+ Million Dollar Managed Services Agreement

CSC today announced it has signed a ten-year contract with a U.S. based global multi-brand commercial products manufacturer to provide information technology and infrastructure managed services.

The contract is a 10 year agreement and has an estimated value of more than $900 million effective on Sept. 1, 2011. In leveraging CSC’s delivery centers, the client will be able to improve overall efficiency and service of its IT function.

The terms indicate CSC will bring new innovative IT approaches spanning from service desks, end user support services and network services to data centers, and distribution of computing and security services.

“CSC and this new client have a common vision of what a world class IT function can bring to a large enterprise, and we are thrilled to be the IT partner of choice for such a successful and dynamic company,” said Michael W. Laphen, CSC chairman, president and chief executive officer. “CSC brings the right mix of expertise and innovation to this client that will reduce their overall cost and risk, elevate IT service levels and position them to more effectively capitalize on future growth opportunities.”

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