managed trading solutions in capital markets. CSC also acquired Fruition Partners, a provider of technology-enabled solutions for the service-management sector during the month. In November 2015, CSC agreed to acquire the shares of UXC, an IT services company based in Australia in a deal valued at (). In December 2015, business technology and services provider, Xchanging, agreed to be purchased by CSC. In February 2016, CSC announced it was moving its headquarters to Tysons, Fairfax County's central business district, just a few miles from Annandale, Virginia. On April 3, 2017, it merged with HPE Enterprise Services to create DXC Technology. Business CSC once ranked among the leading IT service providers in the world. Geographically, CSC had major operations throughout North America, Europe, Asia, and Australia. The company operated in three broad service lines or sectors until the 2015 divestment of NPS, its public sector: North American Public Sector (NPS): Since 1961, CSC had been one of the major IT service providers for the U.S. federal government. CSC provided services to the United States Department of Defense, law enforcement and intelligence agencies (FBI, CIA, Homeland Security), aeronautics and aerospace agencies (NASA). In 2012, U.S. federal contracts accounted for 36% of CSC total revenue. Managed Services Business Solutions and Services The company made several acquisitions, including DynCorp in 2003 and Covansys Corporation in 2007. Awards and recognition In September 2012, CSC was ranked 8th in Software Magazine’s Software 500 ranking of the world’s largest software and service providers. Criticism In June 2013, Margaret Hodge, chair of the Public Accounts Committee, a Select committee of the British House of Commons, described CSC as a "rotten company providing a hopeless system" with reference to their multibillion-pound contract to deliver the National Programme for IT Lorenzo contract. In December 2011, the non-partisan organization Public Campaign criticized CSC for spending on lobbying and not paying any taxes during 2008–10, instead getting in tax rebates, despite making a profit of . In February 2011, the U.S. Securities and Exchange Commission (SEC) launched a fraud investigation into CSC's accounting practices in Denmark and Australian business. CSC's CFO Mike Mancuso confirmed that accounting errors and intentional misconduct by certain personnel in Australia prompted SEC regulators to turn their gaze to Australia. Mancuso also stated that the alleged misconduct includes in both intentional accounting irregularities and unintentional accounting errors. The SEC accused the former CEO Mike Laphen of fraud and