FALLS CHURCH, Va. and HOPKINTON, Mass., June 4 /PRNewswire/ -- CSC
(NYSE: CSC) and EMC Corporation (NYSE: EMC) today announced that they
intend to collaborate on delivering new offerings around large-scale
information infrastructures and next-generation data center operations to
help their joint customers get more value for their business information.
The two companies aim to combine systems engineering, design and client
solution-development expertise to manage global, information-based IT
infrastructures that lower clients' total operating costs while increasing
availability, scalability and security of their data center systems. The
focus of the collaboration will be on developing new information technology
(IT) solutions and services that address key areas of information
management including the automation of data center operations, information
protection, virtualization and compliance.
"EMC and CSC share the same vision for delivering innovative solutions
and services to help customers gain more efficiencies by effectively
managing their information infrastructures," said Frank Hauck, EMC
Executive Vice President, Global Marketing and Customer Quality.
"Collaborating with CSC, a market leader in networked-based IT
infrastructures, will enable more of our joint enterprise customers around
the world to take advantage of EMC technology to store, protect and secure
their information, implement a cost effective information lifecycle
management strategy and simplify and automate critical resource management
tasks such as monitoring, reporting and provisioning."
"EMC is the leader in information infrastructure solutions, and this
collaboration will enable CSC to increase our solutions and capabilities
for existing clients as well as key vertical and public sector markets
identified within CSC's Project Accelerate growth strategy," said David
Booth, president, CSC Global Sales and Marketing. "EMC's products,
engineering expertise and commitment to research and development are
best-of-breed and a great complement to our clients' needs. CSC believes
that by working together we can leverage EMC's deep information
infrastructure domain expertise to continue to enhance CSC's information
technology environments as well as the needs of our clients who we serve
around the world."
As part of this collaboration, CSC and EMC intend to co-locate systems
engineering and operations expertise to design information infrastructure
frameworks and collaborate on next-generation information management
solutions.
About EMC
EMC Corporation is the world's leading developer and provider of
information infrastructure technology and solutions that enable
organizations of all sizes to transform the way they compete and create
value from their information. Information about EMC's products and services
can be found at http://www.EMC.com
About CSC
CSC is a leading (IT) services company. CSC's mission is to be a global
leader in providing technology-enabled business solutions and services.
With approximately 90,000 employees, CSC provides innovative solutions
for customers around the world by applying leading technologies and CSC's
own advanced capabilities. These include systems design and integration; IT
and business process outsourcing; applications software development; Web
and application hosting; and management consulting. Headquartered in Falls
Church, Va., CSC reported revenue of $16.5 billion for the 12 months ended
March 28, 2008. For more information, visit the company's Web site at
http://www.csc.com.
This release contains "forward-looking statements" as defined under the
Federal Securities Laws. Actual results could differ materially from those
projected in the forward-looking statements as a result of certain risk
factors, including but not limited to: (i) adverse changes in general
economic or market conditions; (ii) delays or reductions in information
technology spending; (iii) our ability to protect our proprietary
technology; (iv) risks associated with managing the growth of our business,
including risks associated with acquisitions and investments and the
challenges and costs of integration, restructuring and achieving
anticipated synergies; (v) fluctuations in VMware, Inc.'s operating results
and risks associated with trading of VMware stock; (vi) competitive
factors, including but not limited to pricing pressures and new product
introductions; (vii) the relative and varying rates of product price and
component cost declines and the volume and mixture of product and services
revenues; (viii) component and product quality and availability; (ix) the
transition to new products, the uncertainty of customer acceptance of new
product offerings and rapid technological and market change; (x)
insufficient, excess or obsolete inventory; (xi) war or acts of terrorism;
(xii) the ability to attract and retain highly qualified employees; (xiii)
fluctuating currency exchange rates; and (xiv) other one-time events and
other important factors disclosed previously and from time to time in EMC's
filings with the U.S. Securities and Exchange Commission. EMC disclaims any
obligation to update any such forward-looking statements after the date of
this release.
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