CSC locks up deal for health care solutions company
Acquisition strengthens contractor's Life Sciences sector
- By David Hubler
- Jan 12, 2011
Computer Sciences Corp. has completed its acquisition of Image Solutions Inc., a private provider of regulatory submission management solutions and outsourcing services for the contractor's Life Sciences sector.
Financial terms of the deal, first reported last month, were not disclosed.
The acquisition supports the CSC Health Care strategic growth plan by expanding the company's presence in the Life Sciences sector, the company said in a statement released today.
CSC and ISI have joined forces to improve the flow of countless drug approval submissions by offering both business benefit and quicker access to pharmaceutical innovations for patients around the world, the statement said.
ISI’s offerings, such as eCTDXPress, ISIPublisher and Reg Tracker, combined with CSC’s enterprise content management offerings FirstDoc and FirstPoint, will provide an integrated, end-to-end business solution for electronic regulatory submissions.
Additional capabilities will also include integrated solutions that leverage ISI’s Life Sciences industry expertise with CSC’s established cloud/software-as-a-service capabilities.
With more than 500 employees specializing in regulatory business process outsourcing, software design and integration, and professional services solutions, and with a strong leadership team and offices in the United States, Britain, Germany, China and Korea, ISI enhances CSC’s capability to support existing customers and adds a robust set of new clients, the statement said.
ISI’s operations in China, for example, add 300 BPO and software development employees to CSC’s existing China organization.
ISI’s Korean operations also add to CSC’s global reach and growing presence in the Asian market.
ISI, of Whippany, N.J., was founded in 1992 by President and CEO Jinsoo Kim.
CSC, of Falls Church, Va., ranks No. 10 on Washington Technology’s 2010 Top 100 list of the largest federal government contractors.
David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.