Price of CSC acquisition of Infochimps.

[David G. Boney]

I saw the acquisition price of Infochimps by CSC in the CSC 10-Q. Thought you might find this interesting.

Fiscal 2014 Acquisition

On August 5, 2013, CSC acquired Infochimps, Inc., a privately held company, in an all-cash transaction for $27 million. The acquisition complements CSC’s existing Big Data business by providing a flexible, scalable, platform-as-a-service offering. The purchase price has been allocated, on a preliminary basis, to net assets acquired and liabilities assumed based on estimates of fair value at the date of acquisition, resulting in recording current and other long-term assets of $2 million, current and long-term liabilities of $2 million, and goodwill of $27 million. The goodwill is associated with the Company's GBS segment and is not tax-deductible.
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Sincerely,
David G. Boney
Chair, Austin ACM SIGKDD
ch...@austin-acm-sigkdd.org
http://www.meetup.com/Austin-ACM-SIGKDD/
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