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 said Thursday its board of directors will assess the non-binding offer and the company had no prior knowledge of Atos' interest to submit such a proposal.
Reuters reports Atos offered to pay approximately $10B, including debt, for the proposed acquisition in a push to establish a global digital services provider.
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.
According to Atos' website , the French company offers IT services in various sectors including the public safety and defense market.
Former IBM technical delivery lead Graham Katz will direct data and AI work at MANTECH.
The single-award IDIQ carries a $20 million minimum guarantee and a five-year ordering period.
Oddball has named Paul Baumgartner VP of federal health to lead growth and expand partnerships with CMS, HHS and other…
Everforth ECS secured the original SUNet contract in 2019, followed by a modification two years later.
Maddux previously served as vice president of global supply chain at Mercury Systems.
Chainalysis has named Eric Trexler, former Palo Alto Networks public sector SVP, as COO to lead global go-to-market operations.
The satellite company will expand dual-use spacecraft platforms and constellation manufacturing following a Series C round.
Under the contract modification, Oracle will continue supporting EHR deployment, training and sustainment through 2031.
Will Cocos previously served as Vantor's chief transformation officer and started his career as a U.S. Navy SEAL officer.
Unanet EVP Chris Crowder, a GovCon Expert, argues that govcons must prioritize enterprise value over revenue growth to build strength.
Claroty Public Sector GM Jen Sovada has explained how a unified platform could help agencies secure cyber-physical systems.
The Army will realign its drone assault battalion, shifting the unit to a core airborne infantry role after an exercise…
You’ve already read all related articles.
VIDEO 
