Movers & Shakers
CSC announced more than a year ago that it would reorganize and reinvest in strategic areas to spark additional growth, and the company has been true to its word. The vendor’s announced acquisition of ServiceMesh, a 140-person, privately funded cloud management and brokerage company, is CSC’s third deal in as many months.
John Madden, Practice Leader, IT Services at Ovum comments; “This deal augments CSC’s overall cloud initiatives, particularly in how it accelerates CSC’s own internal IP efforts around cloud orchestration and management.
“CSC announced more than a year ago that it would reorganize and reinvest in strategic areas to spark additional growth, and the company has been true to its word. The vendor’s announced acquisition of ServiceMesh, a 140-person, privately funded cloud management and brokerage company, is CSC’s third deal in as many months – made possible by cost-cutting and shedding some business in order to build up resources and free cash. This deal augments CSC’s overall cloud initiatives, particularly in how it accelerates CSC’s own internal IP efforts around cloud orchestration and management.
ServiceMesh, with its Agility Platform, allows enterprise and public sector clients to identify which workloads should be deployed and managed in either private or public cloud models, and provides a single management and brokerage layer for hybrid cloud environments. The platform, which is used by customers such as Swisscom and the Commonwealth Bank of Australia, also provides a single point for enterprise-wide access, control and governance of cloud services.
With this deal, CSC will now have capabilities to address two key elements that must be addressed as the cloud services market continues to grow: the ability to size, deploy, scale and manage hybrid cloud environments, and the need for enterprises to have proper cloud governance within their organizations.”
