DXC Technology

DXC Technology is an American multinational information technology services and consulting company serving enterprises, governments, and other large institutions. The company was established on April 3, 2017, through the combination of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise (HPE). The transaction brought together CSC's consulting, systems integration, and outsourcing capabilities with HPE's infrastructure and enterprise-services operations, creating a large business-to-business technology provider with a global delivery footprint. DXC's activities span managed infrastructure, cloud transformation, application modernization, enterprise applications, analytics, cybersecurity, workplace technology, software engineering, and industry-specific technology platforms. Its customers include large commercial organizations and public-sector bodies, with work often involving the operation, modernization, and integration of complex technology environments rather than the sale of a single mass-market software product. The company's offerings have included DXC Bionix, DXC Platform X, DXC Security, and technology platforms for sectors such as insurance. At its formation, DXC began trading on the New York Stock Exchange under the symbol DXC. The newly created company initially reported a very large global workforce and a customer base distributed across dozens of countries. It subsequently pursued a restructuring program intended to reduce its physical-office footprint and align its workforce with changing demand, particularly in application outsourcing, infrastructure services, and cloud-oriented delivery. India became one of the company's most important delivery locations, alongside the Philippines, Central Europe, Vietnam, and other regional centers. DXC also reshaped its portfolio through divestitures and acquisitions. In 2018, it separated its United States public-sector business into Perspecta, a separately traded company. It acquired Tribridge and Concerto Cloud Services in 2017, expanded its ServiceNow-related capabilities through BusinessNow and TESM, and acquired the digital engineering and software services company Luxoft in 2019. These moves reflected an effort to combine traditional outsourcing scale with cloud, software engineering, digital transformation, and industry-specialist capabilities. Leadership changed materially after formation. Mike Salvino, formerly an Accenture group executive, became president and chief executive officer in September 2019 and later became chairman of the board. He stepped down as CEO in December 2023. Raul Fernandez, previously a DXC director, became president and CEO effective February 1, 2024. The company has continued operating as a publicly listed global IT-services provider, although its index position changed when it left the S&P 500 and entered the S&P SmallCap 600 in October 2023. Beyond commercial services, DXC has supported inclusion, community, and sports initiatives. Its Dandelion Program, first piloted in Adelaide, Australia, focuses on sustainable employment pathways for people with autism and has subsequently expanded to additional markets. DXC has also used sponsorships in motorsport, rugby, and football, including partnerships involving Team Penske, the Brumbies, Manchester United, and Scuderia Ferrari. As of the reference period in late 2024, DXC was reported to employ more than 125,000 people in more than 70 countries, with a substantial workforce in India.

DXC Technology was created on April 3, 2017, through the merger of Computer Sciences Corporation and Hewlett Packard Enterprise's Enterprise Services business. The transaction formed a major business-to-business IT services company with capabilities covering consulting, systems integration, outsourcing, infrastructure management, and enterprise technology. DXC listed its shares on the New York Stock Exchange under the symbol DXC and initially operated across a broad international network serving commercial and public-sector customers. The company's first years were marked by integration and restructuring. In July 2017, DXC announced plans to reduce its number of offices in India from 50 to 26 over three years and to reduce its workforce there by approximately 10,000 positions. India nevertheless remained a central delivery and engineering location because of its scale in application outsourcing and software development. In 2018, DXC separated its U.S. public-sector segment into Perspecta, narrowing the company's portfolio and creating a new independent public-sector technology company. DXC pursued acquisitions to strengthen its digital and industry capabilities. In 2017 it acquired enterprise software company Tribridge and its affiliate Concerto Cloud Services. In 2018 it announced acquisitions including Molina Medicaid Solutions, Argodesign, BusinessNow, and TESM. In January 2019, DXC agreed to acquire Luxoft, a digital engineering and software services company; the transaction closed in June 2019. These deals complemented DXC's legacy infrastructure and outsourcing business with cloud, user-experience, ServiceNow-related, and software-engineering capabilities. Leadership changed in September 2019 when Mike Salvino became president and CEO. During the following years, DXC continued to operate through global innovation and delivery centers. The company reported a workforce distributed across more than 70 countries, with India as its largest delivery location and significant operations also in the Philippines, Central Europe, and Vietnam. In 2021, Atos ended discussions about a possible acquisition of DXC. In May 2022, Salvino was appointed chairman of the board, succeeding Ian Read after Read's retirement. DXC's corporate profile changed again in the public markets in October 2023 when it left the S&P 500 and moved to the S&P SmallCap 600. In December 2023, Salvino stepped down as CEO with immediate effect. Raul Fernandez, who had served on the board, became president and CEO on February 1, 2024. The company has also developed social and sponsorship programs. The Dandelion Program, first piloted in Adelaide in 2014, seeks sustainable employment for people with autism and has worked with organizations in numerous countries. DXC later piloted the program in the United Kingdom. Its sports-marketing activities have included sponsorship of Team Penske, title sponsorship of the DXC Technology 600 IndyCar race, partnership with the Australian Brumbies, sleeve sponsorship of Manchester United, and a multi-year partnership with Scuderia Ferrari beginning in 2023. By late 2024, reference material described DXC as employing more than 125,000 people in over 70 countries, including more than 43,000 employees across 12 Indian sites in seven major cities.

1. 2024Raul Fernandez becomes CEO

   Raul Fernandez takes over as president and chief executive officer on February 1.

   Source
2. 2023DXC enters partnership with Scuderia Ferrari

   The company begins a multi-year Scuderia Ferrari partnership from the Miami Grand Prix.

   Source
3. 2022Salvino becomes board chairman

   Mike Salvino succeeds Ian Read as chairman of DXC's board.

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4. 2021Dandelion expands to the United Kingdom

   DXC pilots the Dandelion Program in the United Kingdom.

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5. 2019Mike Salvino becomes CEO

   Mike Salvino is appointed president and chief executive officer.

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6. 2019Luxoft acquisition closes

   DXC completes the acquisition of Luxoft, adding digital engineering and software-development expertise.

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7. 2018Perspecta is created through a public-sector separation

   DXC separates its U.S. public-sector business into Perspecta.

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8. 2017DXC Technology is formed

   CSC and HPE's Enterprise Services business combine to create DXC Technology, which begins trading on the NYSE under DXC.

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9. 2017Tribridge and Concerto Cloud Services are acquired

   DXC expands its enterprise software and cloud-services capabilities through the acquisition of Tribridge and Concerto Cloud Services.

   Source
10. 2014Dandelion Program is piloted in Australia

    DXC's autism-employment initiative is piloted in Adelaide, South Australia.

    Source

A global enterprise and public-sector technology partner focused on managing, modernizing, and transforming complex IT environments.

• DXC BionixAutomation and IT operations

  DXC Bionix is positioned as an automation-oriented approach to operating and modernizing enterprise IT. It is associated with the use of intelligent automation, analytics, and standardized operating practices to improve the efficiency and resilience of managed services environments.

• DXC Platform XDigital transformation platform

  DXC Platform X is a digital platform offering intended to help organizations develop, integrate, and operate technology services across complex enterprise environments. Its role within the portfolio is connected to modernization, cloud adoption, automation, and the coordination of digital capabilities.

• DXC SecurityCybersecurity services

  DXC Security represents the company's cybersecurity services, covering areas such as security operations, risk management, identity, infrastructure protection, and advisory support. The offering is designed for organizations that need security capabilities integrated with broader infrastructure, cloud, and application operations.

• DXC Insurance PlatformInsurance technology platform

  DXC Insurance Platform is an industry-specific technology offering for insurers. It supports the modernization and operation of insurance processes and systems, drawing on DXC's sector expertise in applications, infrastructure, data, and managed services.

• Luxoft digital engineering servicesSoftware engineering and digital services2019

  Luxoft became part of DXC after the 2019 acquisition and contributes digital engineering, software development, user experience, and industry-focused technology capabilities. Its services broaden DXC's ability to support application modernization and the creation of specialized digital products.

• 2023Scuderia Ferrari partnership

  Global

  DXC signed a multi-year partnership with Scuderia Ferrari beginning with the 2023 Miami Grand Prix. The relationship connected the company with Formula One and Ferrari's technology and performance ecosystem.

  Outcome. Added a major global motorsport partnership.

  Source
• 2022Manchester United sleeve sponsorship

  United Kingdom · Global

  DXC became the sleeve sponsor of English football club Manchester United, using the partnership to raise international visibility for its enterprise technology brand.

  Outcome. Expanded DXC's global sports-marketing profile.

  Source
• 2021Dandelion UK pilot

  United Kingdom

  DXC introduced a United Kingdom pilot of its Dandelion employment program, extending an initiative originally developed in Australia.

  Outcome. Added the United Kingdom to the program's geographic rollout.

  Source
• 2018DXC Technology 600

  United States

  DXC became title sponsor of an IndyCar Series race, associating the brand with Team Penske and motorsport technology and performance.

  Outcome. Established a recurring motorsport sponsorship property.

  Source
• 2014Dandelion Program

  Australia

  DXC piloted the Dandelion Program in Adelaide to create sustainable employment pathways for people with autism. The program works with employers and community organizations to connect participants with technology-related and other suitable jobs.

  Outcome. Expanded beyond Australia and later piloted in the United Kingdom.

  Source

• 2023Index reclassificationOther

  DXC's market-index position changed during a period of significant transformation in the IT-services sector.

  What changed. DXC was removed from the S&P 500 and added to the S&P SmallCap 600 in October 2023.

  Aftermath. The change altered the company's representation in major U.S. equity indexes.

  Source
• 2023CEO transitionStrategy

  DXC announced a change in executive leadership at the end of 2023.

  What changed. Mike Salvino stepped down as CEO with immediate effect, and Raul Fernandez was selected to become president and CEO effective February 1, 2024.

  Aftermath. Fernandez assumed leadership of the company in 2024 while Salvino's CEO tenure ended.

  Source
• 2021Atos acquisition discussions endM&A

  Atos explored a potential acquisition of DXC in a transaction that was reported to include debt.

  What changed. Atos ended discussions in February 2021 and no acquisition was completed.

  Aftermath. DXC continued as an independent publicly listed company.

  Proposed transaction value including debt. (2021)

  Source
• 2019Acquisition of LuxoftM&A

  DXC sought to increase its digital engineering and software-development capabilities alongside its traditional infrastructure and outsourcing operations.

  What changed. DXC acquired Luxoft; the transaction was announced in January and closed in June 2019.

  Aftermath. Luxoft's digital engineering capabilities became part of DXC's broader digital transformation portfolio.

  Source
• 2018Separation of the U.S. public-sector businessM&A

  DXC reviewed its portfolio after the CSC-HPE combination and separated its U.S. public-sector operations from the main company.

  What changed. The public-sector segment was spun off as Perspecta Inc.

  Aftermath. DXC continued primarily as a commercial and global IT-services company while Perspecta operated as a separate public-sector technology business.

  Source
• 2017Post-merger restructuring of the Indian delivery networkStrategy

  After its creation, DXC sought to align its physical footprint and workforce with the combined company's operating model and demand profile.

  What changed. The company announced a three-year plan to reduce its Indian office count from 50 to 26 and reduce headcount by approximately 10,000 positions.

  Aftermath. India remained one of DXC's largest delivery and engineering centers despite the restructuring.

  Source

• 2024Raul Fernandez becomes DXC president and CEO

  DXC director Raul Fernandez assumed the roles of president and chief executive officer effective February 1, 2024.

  Leadership change
  Source
• 2023DXC moves from the S&P 500 to the S&P SmallCap 600

  DXC was removed from the S&P 500 Index and added to the S&P SmallCap 600 Index.

  Other
  Source
• 2023Mike Salvino steps down as DXC chief executive

  DXC announced that Mike Salvino was leaving the CEO role with immediate effect.

  Leadership change
  Source
• 2023DXC begins partnership with Scuderia Ferrari

  DXC entered a multi-year partnership with Scuderia Ferrari beginning with the 2023 Miami Grand Prix.

  Campaign
  Source
• 2022Mike Salvino becomes DXC board chairman

  Salvino was appointed chairman of DXC's board, succeeding Ian Read following Read's retirement.

  Leadership change
  Source
• 2021Atos ends discussions regarding a potential DXC acquisition

  Atos ended discussions concerning a possible acquisition of DXC after considering a transaction that included debt.

  M&A
  Source
• 2021DXC expands the Dandelion employment program

  DXC piloted its autism-employment program in the United Kingdom after the initiative's development in Australia.

  Campaign
  Source
• 2019DXC appoints Mike Salvino as president and CEO

  Mike Salvino, a former Accenture group executive, was named DXC's president and chief executive officer.

  Leadership change
  Source
• 2019DXC completes acquisition of Luxoft

  DXC completed its acquisition of Luxoft, adding digital engineering and software-development capabilities to its services portfolio.

  M&A
  Source
• 2018DXC separates its United States public-sector business into Perspecta

  DXC spun off its U.S. public-sector segment, creating the separately listed company Perspecta.

  M&A
  Source
• 2017DXC Technology begins trading after CSC and HPE Enterprise Services combination

  The new company was formed from CSC and HPE's Enterprise Services business and began trading on the New York Stock Exchange under the ticker DXC.

  M&AOther
  Source
• 2017DXC announces office and workforce restructuring in India

  The company announced a three-year plan to reduce its Indian office footprint and decrease headcount as part of post-merger restructuring.

  Other
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1. DXC Technology
2. DXC Technology official website