Computer Sciences Corporation

CSC continues to be one of the top global IT services providers, even as it faces stiff competition from rising Indian stars.

Founded in 1959, CSC (Computer Sciences Corporation) ranks amongst the world's leading IT services companies, and has 78,000 employees located in offices in 48 major cities.

Headquartered in El Segundo, Calif., CSC provides systems design and integration, IT and business process outsourcing, applications software development, Web and application hosting, and management consulting.

Over the years, CSC has continued to clinch major outsourcing contracts with some of the biggest names in the public and commercial sectors across the globe. Its clients include Sun Microsystems and China Pacific Property Insurance Company. However, competition from the Indian services providers continue to nip at its heels.

In January, rumors surfaced that CSC was an acquisition target of private equity firm Blackstone Group, with rival Hewlett-Packard taking an interest in a minority stake. But the buy did not materialize.

CSC ranks among ZDNet Asia's Top 10 fastest-growing companies for 2006/07.