CSC sells DynCorp unit for $850M

20.12.2004
Von Computerworld staff

Computer Sciences Corp. last week agreed to sell its DynCorp International services unit to The Veritas Capital Fund LP, a private equity firm, for US$850 million. CSC bought the business two years ago. CSC said it made the deal, which is expected to close next spring, so it can focus on the government IT market.