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New Deal


Announced

Completed

DXC Technology completed its acquisition of Luxoft for $1.9bn.

Financials

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Transaction Value£1,477m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

software development

Friendly

Switzerland

Software

Public

Majority

Completed

Single Bidder

Synopsis

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DXC Technology, a B2B multinational corporation that specializes in delivering end-to-end, information technology services and digital transformative solutions for large and mid-scale global organizations, completed its acquisition of Luxoft, an international custom software development company, for $1.9bn. Together, DXC and Luxoft will offer a differentiated customer value proposition for end-to-end digital transformation by combining Luxoft’s digital engineering capabilities with DXC’s expertise in IT modernization and integration. The acquisition will accelerate the digital growth and scale-out strategy outlined by DXC at its Investor Day, and will broaden access to key digital talent.

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