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DXC starts trading, sees USD 1 bln in synergies post-close

Tuesday 4 April 2017 | 12:01 CET | News
DXC Technology, made up of the merged operations of CSC and HPE' enterprise services division, started trading on 3 April, following completion of the transaction on 1 April. The new company said it has become the world's leading independent, end-to-end IT services firm. It will sport annual revenues or USD 25 billion, with nearly 6,000 enterprise and public sector clients in 70 countries, covering every major global region, and 170,000 employees. DXC expects to realise first-year synergies of around USD 1 billion post-close, with a run rate of USD 1.5 billion by the end of year-one.

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Categories: Fixed / IT
Companies: CSC
Countries: World
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