French Tech Firm Gives Takeover Bid To DXC Technology

Tysons, Virginia-based DCX Technology confirms it has received an unsolicited acquisition offer from French IT firm Atos SE. DCX Technology was formed by the merger of Computer Sciences Corp. and Hewlett-Packard’s enterprise services business in 2017.
DCX Technology employs 15,000 in the D.C. area
According to wtop.com, "DXC is one of the Washington region’s 10 largest employers, with 15,000 employees locally and 130,000 worldwide. It is one of the 10 largest publicly-traded companies in the D.C. region, according to Washington Business Journal data. Reuters first reported the bid, saying it would be Atos’ biggest ever acquisition. DXC Technology did not confirm the value of the offer." As per wtop.com, "DXC Technology had $19.6 billion in revenue in 2020, according to Bloomberg data. DXC last year acquired Swiss-based technology firm Zug, a software developer, engineering, and IT consulting firm, for $2 billion. More recently it sold its U.S. state and local health and human services business to Veritas Capital for $5 billion, and its healthcare software provider business to Dedalus Group for $525 million."

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Maryam N. is a Senior Writer at Nesbitt Realty. She is an expert on Fairfax County. Maryam has also worked previously as a geologist. She is a foodie and enjoys cooking and exploring new restaurants.