DXC acquires New Jersey data centre signing colocation deal with Credit Suisse
DXC Technology has signed a long-term 13-plus year managed colocation services agreement with Credit Suisse (USA), to expand its presence in data centre colocation services.
In addition, DXC Technology will acquire a New Jersey data centre from Credit Suisse through its data centre colocation services subsidiary.
“Enterprises are looking to capitalize on their infrastructure assets while participating in the digital technology trends and opportunities that help drive better business outcomes,” said H. C. Charles Diao, senior vice president of Finance and Corporate Development, DXC.
“This partnership with Credit Suisse demonstrates DXC’s position as a leading global data centre co-location and managed services provider, aligns with our strategic growth objectives, and strengthens DXC’s ability to help accelerate innovation for our clients.”
DXC Technology serves around 800 enterprise and government clients with managed data centre services, business recovery services, and colocation services across 43 owned and leased sites globally, in addition to over 250 managed co-lo locations.
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“This initiative supports clients who are transitioning to the cloud and employing new digital migration strategies for their changing infrastructure needs,” said Samson David, senior vice president, Global Deliver, DXC.
“It also leverages DXC’s strength in migrating client workloads and meeting the colocation requirements of enterprise and government clients, thereby creating operating efficiencies and helping clients avoid capital expenditures.”
The company revealed that the transaction expands the market presence of DXC to serve its enterprise clients needing mission critical infrastructure solutions with proximity to the New York metropolitan market, which is a major hub of operations for global financial institutions and other businesses.
“We chose DXC as our partner in this transaction due to its ability to customize a financial and outsourcing solution that best meets our needs and our long-term infrastructure requirements,” said Andrew Federbusch, managing director and global head of Real Estate Workplace, Credit Suisse (USA), Inc.
“This partnership supports our strategy of enhancing efficiency, generating productivity improvements, and allowing greater operational and strategic flexibility in our future IT infrastructure needs.”