M&A Deal Summary

DXC Technology Acquires Nichols Research

On September 21, 1999, DXC Technology acquired construction company Nichols Research

Acquisition Highlights
  • This is DXC Technology’s 1st transaction in the Construction sector.
  • This is DXC Technology’s 1st transaction in the United States.
  • This is DXC Technology’s 1st transaction in Alabama.

M&A Deal Summary
Date 1999-09-21
Target Nichols Research
Sector Construction
Buyer(s) DXC Technology
Deal Type Add-on Acquisition
Advisor(s) Genesis Capital LLC (Financial)

Target

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.

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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 2 of 44
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 41
State (Alabama) 1 of 1
Country (United States) 1 of 25
Year (1999) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-02-25 Artemis International Solutions

Austin, Texas, United States

Artemis International Solutions Corporation is a provider of investment planning and control solutions that help organizations execute strategy through effective portfolio and project management. Artemis has refined 30 years experience into a suite of industry optimized solutions that integrate application modules with packaged consulting services to provide an immediate response to today's business needs.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-30 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.

Buy -
Mergr

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