DXC Technology receives takeover bid from French tech business

DXC Technologies, one of the D.C. area’s premier businesses confirms it obtained an unsolicited acquisition…

DXC Technologies, one of the D.C. area’s premier businesses confirms it obtained an unsolicited acquisition offer from French IT organization Atos SE.

 

DCX Technologies employs 15,000 in the D.C. area. (Courtesy DXC Technologies)

Tysons, Virginia-based mostly DCX Technology, the corporation fashioned by the merger of Computer Sciences Corp. and Hewlett-Packard’s business expert services business in 2017, confirms it has received an unsolicited acquisition offer from French IT organization Atos SE.

“DXC Technologies verified now that it received an unsolicited preliminary and non-binding proposal from Atos SE Wednesday evening to receive all DCX Engineering shares. The DXC Engineering board of directors, reliable with its fiduciary tasks, will be evaluating the proposal. Prior to getting this proposal Wednesday night, DXC Technologies had no information of any these types of desire from Atos,” the company stated in a assertion.

DXC is one of the Washington region’s 10 biggest employers, with 15,000 personnel domestically and 130,000 worldwide. It is one particular of the 10 most significant publicly-traded corporations in the D.C. area, according to Washington Company Journal info.

Reuters to start with described the bid, declaring it would be Atos’ biggest at any time acquisition.

DXC Technological innovation did not affirm the worth of the present.

DXC Technological know-how experienced $19.6 billion in income in 2020, in accordance to Bloomberg information.

DXC last calendar year acquired Swiss-dependent technological know-how organization Zug, a program developer, engineering and IT consulting agency, for $2 billion.

A lot more a short while ago it bought its U.S. condition and nearby wellness and human companies business enterprise to Veritas Money for $5 billion, and its health care application provider enterprise to Dedalus Group for $525 million.