2015-09-25

CSC

(NYSE: CSC), a global leader in next-generation IT services and

solutions, today announced it has closed the acquisition

of Fixnetix,

a leading provider of front-office managed trading solutions in capital

markets.

The acquisition bolsters CSC’s global infrastructure strategy and will

advance CSC as a leader in providing managed services to capital markets

firms throughout the world. Fixnetix is now a wholly owned subsidiary of

CSC. Financial terms of the transaction were not disclosed.

Combining Fixnetix with CSC’s next-generation IT platforms and IT

utility services offers capital market clients an expanded range of

as-a-service front office capabilities and addresses the growing client

demand for greater efficiency and innovation in trading, market data and

information systems, hosting, infrastructure, connectivity and risk

management.

“We welcome the Fixnetix team to CSC,” said Steve Hilton,

executive vice president and general manager, Global Infrastructure

Services, CSC. “Together, we now have a unique opportunity to provide

clients world-class global managed services for low-latency trading,

market data, hosting and connectivity and risk management solutions. CSC

is now at the forefront of emerging mission-critical trading systems

technologies, giving our clients access to an expanded range of

infrastructure capabilities.”

Hugh Hughes,

CEO and chairman of Fixnetix, said “we are embarking upon the next

exciting stage of our journey and we look forward to expanding our

capabilities with existing clients, servicing new ones and delivering in

new regions.”

With headquarters in London, Fixnetix also has operations in New York,

Boston, Chicago and Tokyo. For more information on Fixnetix, a CSC

company, go to: www.fixnetix.com.

About CSC

Computer Sciences Corporation (CSC) is a global leader of next

generation information technology (IT) services and solutions. The

Company’s mission is to enable superior returns on our clients’

technology investments through best-in-class industry solutions, domain

expertise and global scale. CSC has approximately 70,000 employees and

reported revenue of $11.7 billion for the 12 months ended July 3, 2015.

For more information, visit the company’s website at www.csc.com.

Contacts

CSC Contacts
Rich Adamonis, Global Media Relations, CSC,

862.228.3481, radamonis@csc.com
Anne

Eisele, Global Media Relations, CSC, 703.641.2315, aeisele@csc.com
George

Price, Investor Relations, CSC, 703.641.3842, investorrelations@csc.com

Copyright (2015) Business Wire.
All Rights Reserved.

Article source

Show more