Announced
Completed
Financials
Tags
Acquisition
software development
Friendly
Switzerland
Software
Public
Majority
Completed
Single Bidder
Synopsis
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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