CSC, Terremark Team on Federal IT Deals
Computer Sciences Corporation (CSC) will partner with Terremark (TMRK) on IT infrastructure and hosting deals with its federal government customers, some of whom will be hosted in Terremark’s new NAP of the Capital Region in Culpeper, Virginia. CSC, which is among the largest IT outsourcing and systems integration firms working with the government sector, selected Terremark following an extensive vendor review.
CSC said it anticipates continued strong demand for IT infrastructure services. The NAP of the Capital Region, which officially opens this June, will offer Terremark’s complete suite of managed services, its Infinistructure utility computing platform, and diverse connectivity options to Tier-1 network providers. The facility is located in Culpeper, 60 miles from Washington, D.C. and was designed to exceed standards for Federal data protection and physical security.
“We are very proud that CSC chose Terremark to help meet some of its significant IT infrastructure needs, and we believe that this relationship will help take Terremark to new heights,” said Manuel D. Medina, Chairman and CEO of Terremark. “CSC’s selection of the NAP of the Capital Region for some of their federal IT infrastructure needs helps validate our strategy and underscores the many advantages this state-of-the-art facility provides for both Federal and commercial customers.”
On Wednesday CSC reported record annual revenues of $16.5 billion for fiscal year 2008, up 11 percent year over year. The company has approximately 90,000 employees around the world, providing services including systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting.