DXC Technology begins life post-merger
The new company created by the merger of CSC with Hewlett Packard’s enterprise services business begins trading on the New York Stock Exchange.
The new company created by the merger of CSC with Hewlett Packard’s enterprise services business begins trading on the New York Stock Exchange.
DXC Technology, a company with US$25bn annual revenues and nearly 6,000 enterprise and public sector clients in 70 countries, publicly debuted on the New York Stock Exchange (NYSE) and began a significant advertising campaign to introduce itself in the market. DXC, which promotes itself as “the world’s leading independent, end-to-end IT services company”, was created by the merger of CSC with the Hewlett Packard’s enterprise services business.
“In the UK, Ireland and Israel, DXC Technology proudly serves a wide portfolio of clients, including some of the world’s largest banks and insurers, manufacturers and public sector organisations at the heart of delivering national infrastructure, defence and security,” said Nick Wilson, senior vice president and general manager, UK and Ireland.
The new company will operate in six global regions: Americas; United Kingdom & Ireland, which includes Israel; North & Central Europe; Southern Europe; Asia, Middle East & Africa; and Australia and New Zealand. Its US public sector business (USPS) provides IT services to US federal, state and local governments. Its CeleritiFinTech joint venture with HCL Technologies serves banking and capital markets. DXC Technology subsidiaries include Fixnetix, Fruition Partners and Xchanging.