DXC Technology
#3273
Rank
$3.6B
Marketcap
United States
Country
Mr. Michael J. Salvino (CEO, Pres & Chairman)
Mr. Kenneth P. Sharp (Exec. VP & CFO)
Mr. William L. Deckelman Jr. (Exec. VP & Gen. Counsel)
Summary
History
DXC Technology was founded on April 3, 2017 when the Hewlett Packard Enterprise Company spun off its Enterprise Services business and merged it with Computer Sciences Corporation . 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% employees. With about 43,000 employees 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 ended talks for a potential acquisition of DXC. Atos had proposed for US$10 billion including debt for acquisition.As of November 2021, 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 , Argodesign and two ServiceNow partners, BusinessNow and TESM.In January 2019, DXC Technology acquired Luxoft. According to information from the SEC database, DXC Technology then owned 83% of Luxoft. The deal closed in June 2019.
Mission
Vision
Key Team
Ms. Mary E. Finch (Exec. VP & Chief HR Officer)
Mr. Vinod Bagal (Pres of Cloud & Infrastructure Services)
Mr. Christopher R. Drumgoole (Exec. VP & COO)
Mr. Christopher Anthony Voci (Sr. VP, Corp. Controller & Principal Accounting Officer)
Ms. Kristie Grinnell (Sr. VP & CIO)
Mr. Chris Depippo (VP of Ethics, Compliance & Gov. Affairs)
Mr. H. C. Charles Diao (Sr. VP of Treasury & Corp. Devel.)
Recognition and Awards
References
https://en.wikipedia.org/wiki/DXC_Technology
https://in.investing.com/equities/comp-science
https://finance.yahoo.com/quote/DXC/profile?p=DXC
https://www.comparably.com/companies/dxc-technology/mission
https://www.crunchbase.com/organization/dxc-technology
https://sec.report/CIK/0001688568
Mr. Michael J. Salvino (CEO, Pres & Chairman)
Mr. Kenneth P. Sharp (Exec. VP & CFO)
Mr. William L. Deckelman Jr. (Exec. VP & Gen. Counsel)