DXC: Luxoft’s Knight in Shining Armor

DXC Technology, the leading B2B IT services and digital transformation solutions provider, has announced it intends to acquire software development firm Luxoft for approximately $2 billion. The acquisition enables DXC to offer clients end-to-end digital transformation services by leveraging Luxoft’s front end digital capabilities with DXC’s expertise in IT modernization and integration.

Read more about the transaction to get Clearsight’s perspective on how this acquisition benefits both DXC and Luxoft, which has previously struggled with underperformance despite a strong talent base in Central and Eastern Europe and a growing presence in South America and India.