Accessability Links
Cookies on our website
By continuing to use this website we will assume you are happy to receive cookies as outlined in our cookie policy
Accept Policy

CSC to sell Australian IT unit

Dec 14
Share this story:
CSC to sell Australian IT unit

CSC has announced that it has agreed to sell its Australian IT staffing unit to Adcorp, South Africa's largest employment services firm.

The company revealed that Paxus would be offloaded to help it continue with CSC's transformation strategy, which aims to rebalance its portfolio of current services that it offers to its clients.

Officials stated that the deal is worth $73.5 million (£45.5 million) and will see Adcorp improve Paxus' transition between its customers and employees. Once the deal is complete CSC has said that it will continue to work with Paxus to meet its IT staffing needs within Australia.

Mike Lawrie, president and chief executive officer of CSC, spoke of the new agreement and added: "This portfolio-shaping transaction is the latest step in CSC's transformation. We are aligning the company's resources with our strategy of leading the next generation of solutions and services."

The transaction is due to be completed by the end of January 2013.

Search for the latest management consultancy jobs and consulting recruitment opportunities or contact us on +44(0)207 089 9017.

Share this story:
Add new comment
Jobs Related to this Post
5 result(s) found 
Page 1 of 1 

$150k-$400k US dollar packages
China and Asia
Our client is a supply chain advisory business which has expanded rapidly in Asia. They have opportunities for Manager and Principal Level candidates.  General Expectations: • Lead the client
£120k plus 20% bonus, plus £...
Central London and UK
Our client inspires healthy habits for real life. They meet ther members where they are and leverage the latest nutritional and behavioral science to help them eat healthier, move more
£60k-£80k plus bonus, benefi...
Central London and UK
Our client has a strong record of working with C-level leaders in major private and public sector organisations, directly addressing their greatest strategic challenges
£30k-£70k plus bonus, benefi...
Opportunities in London, Bristol, Manc...
  Resume - William Ng Are you looking for an opportunity to work at the cutting edge of public service reform?  Our client are seeking a highly-professional
£28K - £45K base + bonus, be...
Central London
My client is an award winning London based Technology & Media - Research & Strategy Boutique Consulting Firm.  They are looking for a Business Analyst with consulting