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.
The NASA logistics agreements run through GSA's OASIS+ vehicle, with a five-year base ordering period open through Sept. 30, 2031.
Adolf spent nearly six years in director roles at Serco and more than eight years at SRA International.
SAP NS2 has secured a seven-year, $903 million sole-source IDIQ contract from the Defense Logistics Agency for cloud services.
NIH and China's science ministry have barred applications substantially developed by AI, while European funders require disclosure.
Leidos has named AT&T COO Jeff McElfresh to its board of directors, which has expanded to 11 members with his…
The modernization work covers test planning, data analysis and integration engineering for aircraft and C4ISR systems.
FEMA seeks a new system for workforce readiness, deployment monitoring, incident management and system administration.
War Secretary Pete Hegseth has unveiled Project Meridian, the Autonomous Warfare Command and four other DOW initiatives at Quantico.
The Coast Guard's Force Design 2028 execution is accelerating, with organizational changes completed and major contracts awarded.
TTM financed the Epiq purchase with a $300M Term Loan A and an $800M Term Loan B.
The Navy has awarded Booz Allen, CACI and five other companies spots on a potential $828 million IDIQ for business…
Masood Ahmed joins Peraton after about a decade at Leidos, where he most recently oversaw a federal health and civilian…
You’ve already read all related articles.
VIDEO 
