CSC's divesting spree continues

Company continues to rebalance with sale of reseller business

Computer Sciences Corp. has entered into an agreement to sell its Enterprise Systems Integration unit, in a continuing effort to rebalance its portfolio of services.

The unit will go to a consortium comprising ITOCHU Techno-Solutions Corp. and ITOCHU Corp. for $90 million in cash.

The Enterprise Systems Integration unit is a reseller of enterprise hardware and software, and a provider of maintenance services with operations in Malaysia and Singapore, the company said.

"The sale of ESI marks our continued realignment of company assets with our strategy of leading the next generation of technology solutions and services including cybersecurity, big data and cloud computing," said Mike Lawrie, CSC president and CEO.

"We are focusing our attention on high-value solutions for clients in Singapore, Malaysia and other parts of Southeast Asia," he said.

The units revenue in fiscal 2012 was around $180 million. The transaction is expected to close in March 2013.

This deal marks the company’s fourth divestiture in four months.

At the end of October, the company sold its consulting and systems integration services part of its business in Italy to Dedagroup.

In early December, the company sold its credit services unit to Equifax for $1 billion.

And just a few weeks after its Equifax deal, the company sold its Australian IT staffing unit to Adcorp for $73.5 million.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at, or connect with him on Twitter at @mhooverWT.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
 Merger and Acq
contracts DB


  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Read More

  • Is SBA MIA on contractor fraud? Nick Wakeman

    Editor Nick Wakeman explores the puzzle of why SBA has been so silent on the latest contractor fraud scandal when it has been so quick to act in other cases. Read More