History
CSC was founded in April 1959 by Roy Nutt, Fletcher Jones and Bob Patrick. Their goal then was to provide programming tools such as assemblers and compilers. Jones, who ran the business and marketing, obtained a contract from Honeywell that made the business profitable and respected within the industry. Although its competitor Computer Usage Company had been founded earlier in 1955, by 1963 CSC became the largest software company in the United States and took the business public with an IPO listed on the American Stock Exchange. By the end of 1968, CSC was listed on the New York Stock Exchange and had operations in Canada, India, the United Kingdom, Germany, Spain, Italy, Brazil, and the Netherlands.
Since its beginnings in 1959, company headquarters had been in California. On January 30, 2008 the company announced the relocation of its corporate headquarters from El Segundo to Falls Church, Virginia.
CSC has been a Fortune 500 Company since 1995, coming in at 162 in the 2012 rankings.
Read more about this topic: Computer Sciences Corporation
Famous quotes containing the word history:
“The history of progress is written in the blood of men and women who have dared to espouse an unpopular cause, as, for instance, the black man’s right to his body, or woman’s right to her soul.”
—Emma Goldman (1869–1940)
“There is no example in history of a revolutionary movement involving such gigantic masses being so bloodless.”
—Leon Trotsky (1879–1940)