Technology Briefing | Services: Computer Sciences Wins Contract From Sears

The Computer Sciences Corporation, the nation's third-largest computer-services company, won a 10-year contract valued at $1.6 billion to run part of Sears, Roebuck's computer systems. Computer Sciences, based in El Segundo, Calif., will install and manage desktop computers, file-storage servers and systems to support Sears's Web sites and data networks, the companies said in separate statements. Sears will save about $40 million a year with the new contract; it had been spending about $200 million a year on the services, a Sears spokesman, Chris Brathwaite, said. As many as 200 of Sears's 1,100 information-technology workers will be hired by Computer Sciences beginning next week. Shares of Sears, based in Hoffman Estates, Ill., fell 13 cents, to $37.87. Computer Sciences fell 41 cents to $43.18.

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Company Information

Computer Sciences Corporation (CSC) is engaged in the information technology (IT) and professional services industry. CSC offers an array of services to clients in the commercial and government markets. Its service offerings include IT and business process outsourcing, and IT and professional services. Outsourcing involves operating all or a portion of a customer's technology infrastructure, including systems analysis, applications development, network operations, desktop computing and data center management. IT and professional services include systems integration, consulting and other professional services. Consulting and professional services includes advising clients on the acquisition and utilization of IT and on business strategy, security, modeling, simulation, engineering, operations, change management and business process reengineering. In December 2008, the Company acquired Object Builder Software. In August 2009, the Company acquired BearingPoint's operation in Brazil.

Computer Sciences Corporation
3170 Fairview Park Drive Falls Church VA 22042
Phone: +1 (703) 876-1000
Fax: n.a.

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