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In January 2019, DXC Technology acquired Luxoft. In 2018, it announced additional acquisitions, including Molina Medicaid Solutions (previously part of Molina Healthcare), Argodesign and two ServiceNow partners, BusinessNow and TESM. In July 2017, DXC purchased enterprise software company Tribridge and its affiliate company Concerto Cloud Services for $152 million. In October 2023, DXC was delisted from S&P 500 Index, and moved to the S&P SmallCap 600 Index. Īs of November 2021, DXC employed 134,000 in over 70 countries, including the United States, India, the Philippines, Central Europe and Vietnam. Atos had proposed for US$10 billion including debt for acquisition. In February 2021, French technology services and consulting firm Atos ended talks for a potential acquisition of DXC. Mike Salvino, the former Accenture chief group executive, was named president and CEO of DXC Technology in 2019. In 2017, DXC split off its US public sector segment to create a new company, Perspecta Inc. With about 43,000 employees (more than a third of its workforce) in India, the company is restructuring its workforce to meet its new revenue profile. In India, the company started a three-year plan to reduce the number of offices in the country from 50 to 26, and reduce headcount by 5.9% (around 10,000) employees. At the time of its creation, DXC Technology had revenues of $25 billion. It began trading on the New York Stock Exchange under the symbol DXC.

The company provided business-to-business IT services. History ĭXC Technology was founded on April 3, 2017, when Hewlett Packard Enterprise’s Enterprise Services business unit merged with Computer Sciences Corporation. Financials as of March 31, 2022 ĭXC Technology Company is an American multinational information technology (IT) services and consulting company headquartered in Ashburn, Virginia.

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