CSC finalizes $308 million deal to acquire UXC

CSC
CSC has finalized its deal to acquire UXC, an IT services company in Australia, for A$427.6 million or $307.9 million.

UXC has reported annual revenues of A$686 million or $493.9 million in its fiscal 2015. It has nearly 3,000 employees. The company is a regional leader in enterprise application capabilities, including Microsoft Dynamics, SAP, Oracle and ServiceNow implementations.

Mike Lawrie, president and CEO of CSC, said: “The addition of UXC would continue the process of rebalancing our offering portfolio and strengthening our global commercial business.”

UXC’s application platform capabilities combined with CSC’s strengths in cloud, cyber and big data would enhance their delivery to clients in Austalia.

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