ArcelorMittal and CSC Sign Infrastructure Managed Services Agreement in Europe

CSC CSC announced today that it has signed a contract with ArcelorMittal MT to provide information technology infrastructure managed services. The agreement provides the framework for common and country-specific agreements by the local entities of each party, and will become effective upon the signing of the different accession agreements. The contract has a five-year base with two two-year extension options. Financial terms were not disclosed. Services are expected to commence in the fourth quarter 2011 (the third quarter of CSC's fiscal year 2012). All of the agreements are subject to regulatory and other approvals and notifications, including consultation of relevant workers councils.