M&A Deal Summary

DXC Technology Acquires Mynd

On January 30, 2001, DXC Technology acquired business services company Mynd

Acquisition Highlights
  • This is DXC Technology’s 1st transaction in the Business Services sector.
  • This is DXC Technology’s 2nd transaction in the United States.
  • This is DXC Technology’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2001-01-30
Target Mynd
Sector Business Services
Buyer(s) DXC Technology
Deal Type Add-on Acquisition

Target

Mynd

Columbia, South Carolina, United States
Mynd Corporation (NYSE: YND), formerly known as Policy Management Systems Corporation. Mynd's Claims Outcome Advisor System to Insurance Services Office, Inc. Claims assessment systems are used by insurance companies to evaluate appropriate payments for claims of bodily injury and to evaluate return-to-work plans in workers compensation matters.

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Buyer(S) 1

Buyer

DXC Technology

Ashburn, Virginia, United States
Category Company
Founded 1959
Sector Information Technology
Employees130,000
Revenue 13.7B USD (2024)
DESCRIPTION

DXC Technology is an end-to-end IT services company, serving nearly 6,000 private and public sector clients from a diverse array of industries across 70 countries. The company's technology independence, global talent and extensive partner network help clients harness the power of innovation to thrive on change and guide their digital transformation journeys. DXC Technology was founded in 1959 and is based in Ashburn, Virginia.

DEAL STATS #
Overall 3 of 44
Sector (Business Services) 1 of 6
Type (Add-on Acquisition) 2 of 41
State (South Carolina) 1 of 1
Country (United States) 2 of 25
Year (2001) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-09-21 Nichols Research

Huntsville, Alabama, United States

Nichols Research Corporation, prior to the merger, provided high-performance technology-based solutions and services where information access, movement, and evaluation were mission critical to an organization's success.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-03-01 CSC Applied Technologies

Forth Worth, Texas, United States

CSC Applied Technologies LLC provides information and enterprise technology for aerospace and aviation.

Buy -
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