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IT services 'mega-child' DXC takes first steps


The merger of two IT services giants is complete and the new company will focus on digital transformation. DXC CSC HP Enterprise Services
The company created by the combination of US IT services giants CSC and HP Enterprise Services is up and running after it was listed on the New York Stock Exchange.
The two IT services firms end periods of turmoil to become DXC Technology, which has digital transformation expertise at its core.
In May 2016, the companies announced plans to come together. They said they would have combined sales worth $26bn and would save billions of dollars in costs by merging, including $1bn in the merged entity’s first year.
The new company has 170,000 staff and 6,000 enterprise and public sector customers in 70 countries.
CSC CEO John Michael Lawrie, who will become CEO of DXC, said digital transformation would be a core activity for the new company. “The DXC Technology brand will be built on a foundation of trust and transformation, and a relentless drive to help clients thrive on change,” he said.
Both companies have struggled to grow in the same way as competitors such as the Indian IT services firms.

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