2. DXC Technology Emerges As A Channel Heavyweight
Nearly a year in the making, CSC closed its merger with Hewlett Packard Enterprise's Enterprise Services business on April 3, officially opening for business as DXC Technology, a $26-billion solutions provider behemoth.
CSC and HPE announced the plan in May 2016, and throughout the rest of the year and into 2017 continued making preparations for the merger. The new company's operating structure and executive lineup was announced Feb. 2 and the DXC name was unveiled two weeks later. The deal was sealed March 27 when CSC shareholders gave their approval.
In addition to providing more traditional IT services DXC, led by president and CEO Mike Lawrie, is focused on digital transformation, business process services and industry-specific technology and services.
But DXC continues to evolve to keep up with the changing IT industry. On July 5 DXC announced that it had acquired Tribridge, an integration services company that works with Microsoft's Dynamics 365 cloud applications, boosting the company's position in the Microsoft applications arena. And in October DXC struck a deal to buy Logicalis SMC in a move to expand its ServiceNow business.
The company is also striving to cut its operating costs by $1 billion this year. And in October the company surprised many when it announced a plan to spin off its U.S. government business in 2018 and merge it with two other companies to create a new public sector IT services powerhouse.