
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....
Brian Fitzpatrick, chief growth officer of LMI, has been selected by the board of directors to replace David Zolet as the company’s CEO on an acting basis. Zolet, who also serves as LMI president and a 2020 Wash100 award winner, will step down from his current roles to pursue a new career opportunity, while the board will begin its search for his...
A federal judge said in court documents unsealed Friday that Amazon (Nasdaq: AMZN) is likely to succeed on one of its main arguments in its protest to the Department of Defense’s decision to award Microsoft (Nasdaq: MSFT) the potential 10-year, $10B Joint Enterprise Defense Infrastructure cloud computing contract, Reuters reported Sunday....