DXC Technology, a Tysons, Virginia-based provider of B2B IT services, as per recent reports, has announced signing a long-term deal – 13+ year managed colocation services agreement – with Credit Suisse (USA), to strengthen its presence in data center colocation services.
Additionally, apart from the above mentioned signed agreement, the Virginia-based DXC Technology will also be acquiring a New Jersey data center facility from Credit Suisse.
“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 center 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 caters to around 800 enterprise and government clients with its managed data center services, business recovery services, and colocation services across 43 global sites, which includes both owned and leased facilities, in addition to its 250+ managed colos (co-locations).
“This initiative supports clients who are transitioning to the cloud and employing new digital migration strategies for their changing infrastructure needs,” stated 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 also revealed in its statement that this transaction will help DXC expand its market presence to better 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,” stated 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.”