DXC Technology Signs Credit Suisse Colocation Services Deal, Acquires New Jersey Data Center

16 May 2019 by Mike Allen

DXC Technology, the world’s leading independent, end-to-end IT services company, has expanded its presence in data center co-location services by entering a new deal with Credit Suisse (USA). DXC Technology signed a long-term 13-plus year managed co-location services agreement with Credit Suisse. The company will also acquire Credit Suisse's New Jersey data center.

“Enterprises are looking to capitalize on their infrastructure assets while participating in the digital technology trends and opportunities that help drive better business outcomes. 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,” said H. C. Charles Diao, senior vice president of Finance and Corporate Development, DXC.

DXC Technology is confident that the transaction expands its market presence to serve its enterprise clients. The deal will help the clients who need mission-critical infrastructure solutions with proximity to the New York metropolitan market, 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.”

DXC Technology was formed by a merger between HPE's Enterprise Services Division and CSC. The company now boasts of having nearly 800 enterprise and government clients with managed data center services, business recovery services, and co-location services across 43 owned and leased sites globally. The company also has over 250 managed co-lo locations. Credit Suisse (USA) Inc. is a US subsidiary of Credit Suisse AG, which is is one of the world's leading financial services providers.


Mike Allen

Mike Allen serves as VP of Solutions & Engineering and engages with clients directly to determine the best course of action for their IT infrastructure based on current and future requirements. Mike has an extensive technical background having worked for some of the largest carriers both domestically and Internationally. He specializes in data center, network, cloud and communications. He holds several certifications including CCNA and SSCA.

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