DXC Technology is an American multinational

information technology Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of Data (computing), data . and information. IT forms part of information and communications technology (ICT). An information te ...

(IT) services and

consulting A consultant (from la, consultare "to deliberate") is a professional (also known as ''expert'', ''specialist'', see variations of meaning below) who provides advice and other purposeful activities in an area of specialization. Consulting servic ...

company headquartered in Ashburn, Virginia.

History

DXC Technology was founded on April 3, 2017 when the

Hewlett Packard Enterprise The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas, United States. HPE was founded on November 1, 2015, in Palo Alto, California, as part of the splitting of the ...

Company (HPE) spun off its Enterprise Services business and merged it with

Computer Sciences Corporation Computer Sciences Corporation (CSC) was an American multinational corporation that provided information technology (IT) services and professional services. On April 3, 2017, it merged with the Enterprise Services line of business of HP Ente ...

(CSC). At the time of its creation, DXC Technology had revenues of $25 billion, employed 170,000 people and operated in 70 countries. The spinoff from Hewlett Packard Enterprise did not include two parts of the Enterprise Services segment: the Mphasis Limited reporting unit and the ''Communications and Media Solutions'' product group. 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. 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 2017, DXC split off its US public sector segment to create a new company, Perspecta Inc. Mike Salvino, the former Accenture chief group executive, was named president and CEO of DXC Technology in 2019. In February 2021, French technology services and consulting firm

Atos Atos is a European multinational information technology (IT) service and consulting company headquartered in Bezons, France and offices worldwide. It specialises in hi-tech transactional services, unified communications, cloud, big data and ...

ended talks for a potential acquisition of DXC. Atos had proposed for US$10 billion including debt for acquisition. , DXC employed 134,000 in over 70 countries, including the United States, India, the Philippines, Central Europe and Vietnam.

Acquisitions

In July 2017, DXC purchased enterprise software company Tribridge and its affiliate company Concerto Cloud Services for $152 million. In 2018, it announced additional acquisitions, including Molina Medicaid Solutions (previously part of

Molina Healthcare Molina Healthcare is a managed care company headquartered in Long Beach, California, United States. The company provides health insurance to individuals through government programs such as Medicaid and Medicare. History Molina Healthcare was f ...

), Argodesign and two

ServiceNow ServiceNow is an American software company based in Santa Clara, California that develops a cloud computing platform to help companies manage digital workflows for enterprise operations. Founded in 2003 by Fred Luddy, ServiceNow is listed on the ...

partners, BusinessNow and TESM. In January 2019, DXC Technology acquired

Luxoft Luxoft, a DXC Technology Company, is represented in 21 countries with 17 000+ employees globally. Luxoft is headquartered in Zug, Switzerland. History In 2000, Luxoft was established under the direction of Dmitry Loschinin. In 2008, it acquired ...

. According to information from the SEC database, DXC Technology then owned 83% of Luxoft. The deal closed in June 2019.

Programs and sponsorships

Dandelion Program

Piloted in Adelaide, Australia, in 2014, the DXC Dandelion Program has grown to over 100 employees in Australia, working with more than 240 organizations in 71 countries to acquire sustainable employment for individuals with autism. In June 2021, DXC piloted the Dandelion Program in the UK.

Sports

The company sponsored

Team Penske Team Penske (formerly Penske Racing) is an American professional auto racing organization, competing in the IndyCar Series, NTT IndyCar Series, NASCAR Cup Series, and the FIA World Endurance Championship. Debuting at the 1966 24 Hours of Daytona ...

with 2016 Series Champion and

2019 Indianapolis 500 The 2019 Indianapolis 500 (branded as the 103rd Running of the Indianapolis 500 presented by Gainbridge for sponsorship reasons) was an IndyCar Series event held on Sunday, May 26, 2019, at the Indianapolis Motor Speedway in Speedway, Indiana. Th ...

winner

Simon Pagenaud Simon Pagenaud (born 18 May 1984) is a French professional racing driver. He is contracted to drive the No. 60 Honda for Meyer Shank Racing in the IndyCar Series. After a successful career in sports car racing that saw him taking the top class ...

, and in 2018 became title sponsor of

IndyCar Series The IndyCar Series, currently known as the NTT IndyCar Series under sponsorship, is the highest class of regional North American open-wheel single-seater formula racing cars in the United States, which has been conducted under the auspices o ...

race

DXC Technology 600 The race last ran as XPEL 375 is an NTT IndyCar Series event held at Texas Motor Speedway near Fort Worth, Texas since 1997. The races have had a variety of different entitlement sponsors and distances over the years and therefore has had many di ...

. DXC is also a partner of Australian

Rugby Union Rugby union, commonly known simply as rugby, is a close-contact team sport that originated at Rugby School in the first half of the 19th century. One of the two codes of rugby football, it is based on running with the ball in hand. In it ...

team

Brumbies The ACT Brumbies (known from 2005–2022 as simply the Brumbies) is an Australian professional rugby union team based in Canberra, Australian Capital Territory (ACT), The team competes in Super Rugby and named for the brumby, feral horses whi ...

. In 2022, the company became the new sleeve sponsor for English football club Manchester United.

References

External links

* * {{Authority control American companies established in 2017 Companies based in Virginia Technology companies established in 2017 Companies listed on the New York Stock Exchange 2017 establishments in Virginia Information technology consulting firms of the United States International information technology consulting firms