Here you will find all the articles with the tag: DXC Technology.
According to a U.S. jury in a lawsuit, TCS stole trade secrets from competitor DXC Technology. The Indian company awaits a fine of $210 million, or nearly 192 million euros, as a result. The case has been ongoing for several years. DXC predecessor Computer Sciences Corp filed a lawsuit in 2019. ... Read more
5 months ago
DXC Technology confirmed that it is discussing a possible acquisition with a financial party. The details of the talks were not disclosed. Last month, Bloomberg reported that a private investment firm was interested in acquiring DXC Technology. The IT integrator reportedly engaged financial advi... Read more
2 years ago
According to sources cited by Bloomberg, an investment company is interested in acquiring DXC Technology. Bloomberg reports that at least one private investment company has approached the IT integrator for a possible acquisition. The identity of the investment company is unknown. DXC Techno... Read more
2 years ago
Atos' board of directors wants to split the organization in two parts. CEO Rodolphe Belmer has no faith in the plan and unexpectedly resigned. The share price dropped by nearly 25 percent in the past 24 hours. Atos provides infrastructure, security and software services. In the past year, its ma... Read more
2 years ago
IBM's board of directors approves a brand new managed infrastructure services division, turning it into Kyndryl, a publicly-traded company that goes live next month. Kyndryl shares go to IBM investors Big Blue announced that Kyndryl shares would be distributed to IBM investors after the close... Read more
3 years ago
Atos has announced that it has withdrawn its bid for DXC. The two companies were unable to reach an agreement. Atos came out of nowhere last month with a bid for DXC. "Further to the statement issued by the company on January 7, 2021, the board of directors of Atos has unanimously determined not... Read more
3 years ago
The French IT company Atos has approached its US rival DXC Technology with an offer for acquisition. Atos is prepared to pay 10 billion dollars (8.15 billion euros) for DXC, making it its biggest acquisition ever. Atos told Reuters that it would be a "friendly transaction". With the acquisition,... Read more
3 years ago
DXC Technology is going to take over software company Luxoft for about 2 billion dollars, reports ZDNet. The acquisition should accelerate DXC's digital growth and scaling strategy and broaden access to digital talent. Luxoft now has almost 13,000 employees. According to the deal, $59 is paid for e... Read more
5 years ago
