Computer Sciences Purchases Mynd

December 29, 2000

Computer Sciences Corp. has acquired insurance software manufacturer Mynd Corp. for $584 million.

Earlier this year, Mynd laid off roughly 400 workers after several years of financial difficulties. The company was established in Blythewood, S.C., in 1974 as a division of Seibles Bruce Group. It will be merged with CSC’s Global Financial Services Group, based in Texas.

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