France-based information technology services provider Atos SE has made an unsolicited bid to acquire Tysons, Virginia-based IT company DXC Technology (NYSE: DXC). DXC was formed out of the merger between Computer Sciences Corp. and the enterprise services business of Hewlett Packard Enterprise (NYSE: HPE) in 2017 and helped form Perspecta (NYSE: PRSP) in 2018 via a three-way deal with Vencore and KeyPoint Government Solutions.
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Ken Sharp Named DXC CFO; Mike Salvino Quoted
Ken Sharp, a veteran finance leader, will assume the role of executive vice president and chief financial officer at DXC Technology (NYSE: DXC) on Nov. 30.
Read More »EM’s Weekly Roundup: Veritas Capital Completes $5B Acquisition of DXC’s HHS Business; Basil Parker to Become Federal CIO, Camilo Sandoval to Be Federal CISO; Lora Shiao Named ODNI COO; Cobham Signs $500M Deal with Raytheon Technologies; NSA Launches Center for Cybersecurity Standards
THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Lt. Gen. Stephen Fogarty: Army Cyber Command Shifts to Information Advantage Approach Lt. Gen. Stephen Fogarty, who leads the U.S. Army’s Cyber Command (ARCYBER), said his group is shifting from a warfare-focused approach to one that prioritizes information advantage. Fogarty said at the …
Read More »EM’s Weekly Roundup: Accenture Invests $3B to Establish Cloud Division; Veritas/DXC Health Deal to Close Oct. 1st; SAIC Reorganizing Business Structure; LTG Bruce Crawford Joins Rubrik Advisory Board; Collins Aerospace Receives $317M Contract
THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Eight Firms Win $1.2B in DLA Protective Gown Supply Contracts The Defense Logistics Agency has awarded eight companies one-year contracts worth potentially $1.2B combined to provide disposable gowns for the Strategic National Stockpile under the Department of Health and Human Services’ management. …
Read More »Veritas Capital Sets Oct. 1 for $5B DXC Health Business Deal Closure; Ramzi Musallam Quoted
Veritas Capital has scheduled Oct. 1 as the date the private equity firm expects to complete its pending $5B cash acquisition of the U.S. state and local health and human services unit from DXC Technology (NYSE: DXC).
Read More »Veritas Capital Strikes $5B Cash Deal for DXC’s State & Local Health Business; Ramzi Musallam Quoted
Veritas Capital has agreed to buy DXC Technology’s (NYSE: DXC) U.S. state and local health and human services business for $5B in cash. The transaction is expected to be completed by December, subject to regulatory approvals, receipt of third-party consents and other customary closing conditions, DXC said Tuesday.
Read More »DXC Technology Opens New Orleans Digital Transformation Center
TYSONS CORNER, VA, May 25, 2018 — DXC Technology (NYSE: DXC) has opened a digital transformation center in New Orleans that will support the delivery of digital services and development of technology for oil well data analysis, ExecutiveBiz reported Thursday. Terrell Boynton, director and general manager of DXC’s New Orleans …
Read More »DXC Public Sector Business-Vencore-KeyPoint Merger Deal Set to Close by Month’s End
DXC Technology’s (NYSE: DXC) board of directors has scheduled May 25 as the record date for the planned spinoff of its U.S. public sector business as a separate, publicly traded company that will operate as Perspecta. DXC said Monday it also set a May 31 date for the distribution of Perspecta …
Read More »Former HPE, DXC Exec Katie Ebrahimi to Join Unisys as SVP, Chief HR Officer
Katie Ebrahimi, a former executive at DXC Technology (NYSE: DXC) and Hewlett Packard Enterprise (NYSE: HPE), has been named a senior vice president and chief human resources officer of Unisys (NYSE: UIS) in a move slated to take effect April 26. Unisys said Monday Ebrahimi will report directly to President and CEO Peter Altabef and succeed Dave Loeser, …
Read More »DXC in Line for Potential New Orleans Job Creation Incentive
TYSONS CORNER, VA, March 28, 2018 — DXC Technology (NYSE: DXC) is set to receive $6.5 million in potential incentives from the city council of New Orleans, Louisiana, if it generates approximately 2,000 local jobs over the next seven years, ExecutiveBiz reported Tuesday. The New Orleans Advocate reported Sunday the city council cleared the incentive …
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