SAIC and ScottishPower Form Joint Venture
May 8, 2000 - Science Applications International Corporation (SAIC), through its wholly owned United Kingdom subsidiary SAIC Ltd., and ScottishPower's Information Systems Division announced the formation of a joint venture (JV) between the two organizations.
The JV company, called CALANAIS, was 50 percent owned by ScottishPower and 50 percent owned by SAIC Ltd. The new company exploited the growing demand for information technology (IT) expertise in the rapidly changing global utilities sector. While continuing to focus on providing IT services to ScottishPower, the JV sought to develop external IT service business with customers within the multi-service utility sector. CALANAIS, exploiting the combined strengths of both companies, also marketed expertise in business change and Internet-enabling strategies aimed specifically at the utility sector. Initially based in Glasgow, Scotland and Chester, England, CALANAIS employed approximately 600 people, mainly drawn from existing ScottishPower staff who transferred to work in the new enterprise.
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