M&A Deal Summary

DXC Technology Acquires Xchanging

On December 9, 2015, DXC Technology acquired information technology company Xchanging for 480M GBP

Acquisition Highlights
  • This is DXC Technology’s 9th transaction in the Information Technology sector.
  • This is DXC Technology’s 4th largest (disclosed) transaction.
  • This is DXC Technology’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2015-12-09
Target Xchanging
Sector Information Technology
Buyer(s) DXC Technology
Deal Type Add-on Acquisition
Deal Value 480M GBP

Target

Xchanging

London, United Kingdom
Xchanging Plc is a business process outsourcing company providing industry specific processing to the banking and insurance industries and procurement, finance and accounting and human resources services to customers across industries.

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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 26 of 44
Sector (Information Technology) 9 of 23
Type (Add-on Acquisition) 24 of 41
Country (United Kingdom) 2 of 5
Year (2015) 4 of 4
Size (of disclosed) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-21 Fruition Partners

Chicago, Illinois, United States

Fruition Partners, Inc. is a provider of technology enabled solutions for the service-management sector and the ServiceNow-exclusive service management consulting firm.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-01 UXC

Melbourne, Australia

UXC Ltd. is an end-to-end IT services company.

Buy AU$428M
Mergr

Product

Company

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