The new company that will emerge from the proposed merger of DXC TechnologyÂ (NYSE: DXC) U.S. public sector business with Vencore and KeyPoint Government Solutions will operate under the Perspecta name upon the transactionâs closure.
âIn selecting the new companyâs name and brand, it was important to represent the optimism and excitement around the unique value that this combined entity will deliver to government customers,â he said.Â
Curtis, a 2018 Wash100 recipient, added the company will work to focus on innovation and adopt collaborative approaches to help address complex national challenges.
MikeÂ Lawrie, chairman, president and CEO of DXC, will serve as chairman of Perspecta upon the dealâs closure.
DXC originallyÂ announced the mergerÂ in OctoberÂ 2017 that seeks to create a âtop fiveâ independent, publicly traded government information technology services contractor.
Vencore said Perspecta will deliver end-to-end mission platforms and IT services to federal, local and state government clients to help them address information and national security challenges.
The registration process with the Securities and Exchange Commission is now underway and the companies have received all the necessary regulatory clearances to complete the merger.