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

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.