CSC Announces Merger with HPE Enterprise Services Segment
CSC (NYSE: CSC) announced that it would be merging with the Enterprise Services segment of Hewlett Packard Enterprise (NYSE: HPE), creating a massive global IT services company expected to have annual revenues of $26 billion. The unit of HPE that is merging with CSC accounts for approximately 100,000 staff, or 50 percent of the company’s headcount. HPE’s remaining operations will…