CSC announced it has acquired AppLabs Technologies, a pure-play software testing and quality management service provider.
The acquisition vaults CSC into a leadership role in providing application testing services in the high growth discrete testing market, supporting the company’s multi-year strategic growth plan.
AppLabs brings a strong portfolio of emerging technologies and proprietary methodologies and tools, and a specialized sales force to CSC which significantly enhances CSC’s capabilities in application testing services as well as shortening time-to-market.
AppLabs complements CSC’s expertise in Financial Services, Healthcare, Manufacturing, Chemical, Energy and Natural Resources and Technology and Consumer verticals. Financial terms of the deal were not disclosed.
Application Services continue to play an increasingly important role as companies adopt new technologies and cloud based services to improve the quality and performance and reduce the total cost of ownership of IT services,” said Michael W. Laphen, chairman, president and chief executive
officer, CSC.
Acquiring AppLabs represents CSC’s continued commitment to our intense focus on growing the company’s applications development and management business as well as extending superior testing services to our clients and prospects,” Laphen added.
As a pioneer in specialized testing services, AppLabs will strengthen CSC’s portfolio of services that are offered to its customers,” said Sashi Reddi, founder and CEO, AppLabs.
AppLabs customers will benefit from the geographic reach and breadth of services that CSC has to offer so that we can finally become truly global partners to our key customers. The 2,500 employees of AppLabs are delighted to be a part of the CSC family,” Reddi added.
According to research firm IDC, the independent testing and validation services market is growing faster than the IT services market and is forecasted for strong growth of 21 percent compound annual growth rate (CAGR) through 2013.
CSC recently announced the acquisition of Maricom Systems, a provider of business intelligence and data management solutions that support mission-critical health information technology systems
within the U.S. Department of Health and Human Services.
By Telecomlead.com Team
