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Tag Archives: mike lawrie

CSC US Gov’t Services Unit, SRA to Merge; Mike Lawrie Comments

Falls Church, Va.-based Computer Sciences Corp. (NYSE: CSC) has agreed to merge its U.S. government services unit with SRA International as part of its plans to spin off the unit. The companies said Monday they expect to close the merger in November upon completion of the Computer Sciences Government Service’s separation from and shareholders …

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Larry Prior to Lead CSC’s Future US Public Sector Business Spinoff

Larry Prior, executive vice president and general manager of Computer Sciences Corp.‘s (NYSE: CSC) North American public sector business, has been selected to hold president and CEO titles for the company’s planned U.S. public sector spinoff. Prior’s appointment will require approval by the future Computer Sciences Government Services board of directors, CSC said …

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Report: Larry Prior to Head CSC’s NA Public Sector Arm in Reorg

According to the Washington Business Journal: Larry Prior, who joined Computer Sciences Corp. (NYSE: CSC) in May 2013 to run the defense and intelligence business, has been appointed to lead the company’s North American public sector business as part of a reorganization move. Jill Aitoro reports that as part of the realignment, David Zolet will assume leadership …

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CSC Hits 10% Operating Margin for FY 2014; Mike Lawrie Comments

Computer Sciences Corp. (NYSE: CSC) generated $1.32 billion in operating income during its 2014 fiscal year and its operating margin also rose , Washington Business Journal reported Thursday. Jill Aitoro writes CSC’s operating income for the fourth quarter ended March 28 amounted to $359 million and free cash flow for …

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CSC Agrees to Buy Cloud Mgmt Firm ServiceMesh; Mike Lawrie, Dan Hushon Comment

Computer Sciences Corp. (NYSE: CSC) has agreed to buy Santa Monica, Calif.-based cloud management company ServiceMesh for an undisclosed amount as part of CSC’s efforts to help customers move applications to cloud platforms. CSC expects to complete the acquisition in the third quarter of its 2014 fiscal year,  CSC said Wednesday. Dan Hushon, …

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AT&T, CSC to Jointly Develop Enterprise Cloud Tech; Mike Lawrie, Andy Geisse Comment

AT&T (NYSE: T) and Computer Sciences Corp. (NYSE: CSC) have partnered to develop technologies that are intended to help global enterprises move to virtual cloud computing environments. The seven-year alliance combines CSC’s BizCloud and other cloud, consulting and applications services with AT&T’s network and infrastructure platform, the companies said Tuesday. Mike …

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PAE to Buy CSC Applied Tech Division for $175M Cash; Mike Dignam Comments

PAE has agreed to acquire Computer Sciences Corp.‘s (NYSE: CSC) base operations, aviation and range services division for $175 million in cash as CSC enters its sixth divestiture agreement within the past seven months. The sale of the applied technology division is expected to close during summer 2013 and 5, 400 …

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CSC Selling Hardware, Software Reselling Unit For $90M; Mike Lawrie Comments

  Computer Sciences Corp. (NYSE: CSC) has agreed to sell its enterprise hardware and software reselling business to a Japan-based conglomerate for $90 million cash. CSC expects the transaction, its fourth divestiture within the last four months, to close in March 2013, the company said Wednesday. The Falls Church, Va.-based …

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Dan Hushon Named CSC CTO; Mike Lawrie Comments

Dan Hushon, a former chief technologist at EMC Corp. (NYSE: EMC), has joined Computer Sciences Corp. (NYSE: CSC) as chief technology officer. Hushon’s appointment is effective Feb. 28 and he will report to Mike Lawrie, chairman and CEO, the company said Thursday. The 20-year information technology industry veteran has also …

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Mike Lawrie: CSC Pushing For Cloud, Cyber, Big Data Business Mix

Computer Sciences Corp. (NYSE: CSC) is increasing its investments in target areas of cloud computing, cybersecurity and big data to pursue growth, CEO Mike Lawrie said Tuesday. According to the Washington Business Journal, Lawrie said during an earnings call with investors that the company saw increases in those three areas …

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