CSC (NYSE: CSC) has signed a definitive agreement to acquire ServiceMesh, an enterprise cloud management company. This strategic acquisition enables CSC to continue its transformation into a next-generation IT company that helps its clients migrate their applications into cloud computing environments.
“The future of next-generation IT infrastructure will involve a set of multiple clouds utilized simultaneously by enterprises,” explained CSC President and Chief Executive Officer Mike Lawrie. “ServiceMesh allows us to catalogue enterprise applications and orchestrate those applications dynamically to run in different clouds based on the characteristics of the applications. From our unique position as an independent global technology company, we will integrate those workloads for our clients through our portfolio of services and technologies.”
Santa Monica, Calif.-based ServiceMesh provides ServiceMesh Agility Platform, an enterprise cloud management platform, to automate the deployment and management of enterprise applications and platforms across private, public and hybrid cloud environments. The ServiceMesh Agility Platform is a single, policy-driven, integrated control point for governance, compliance and security across cloud applications and environments, empowering employees with fully governed, self-service access to applications, platforms and services. ServiceMesh counts among its customers some of the world’s largest enterprises in financial services, healthcare and other highly regulated industries.
“As an agent for cloud management, ServiceMesh is right at the point of consumerization for next-generation enterprise applications,” noted CSC Chief Technology Officer Dan Hushon. “With ServiceMesh, we will empower an ecosystem of enterprise software providers by lowering the friction for companies to execute a multi-vendor hybrid cloud strategy while maintaining central governance, policy and administration.”In the past 20 months under new leadership, CSC has undertaken a significant strategic transformation to position itself for the high-growth segments of the technology solutions and services marketplace, including cloud computing, big data, cybersecurity and next-generation applications. This transformation has been enabled by several acquisitions of next-generation technology, including big data firms Infochimps and 42Six Solutions, and partnerships with industry leaders that can deliver scalability to CSC’s clients, including an alliance agreement signed in August with AT&T. The security requirements of individual workloads and applications will factor into enterprises’ cloud selection decisions. While applications requiring less security may be earmarked for low-cost public clouds, other applications will require more secure clouds, such as CSC’s CloudCompute, CSC BizCloud and CSC BizCloud VPE. CSC is one of only two leaders in Gartner’s 2013 Infrastructure as a Service Magic Quadrant. “Enterprise consumption habits have changed, as customers today want to move to a new IT model in which they can operate at a lower cost structure and get to market more quickly with their products and services,” said ServiceMesh Chief Executive Officer Eric Pulier. “Bringing ServiceMesh and CSC together creates a true leadership position in IT transformation.”
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV