DXC Technology Completes the Sale of DXC’s Healthcare Provider Software Business to the Dedalus Group

DXC Technology Completes the Sale of DXC’s Healthcare Provider Software Business to the Dedalus Group

TYSONS, Va. & MILAN, Italy–(Organization WIRE)–DXC Technologies (NYSE: DXC) currently introduced that it has finished the sale of DXC’s healthcare provider software package organization to the privately held Dedalus Group, a primary European healthcare and diagnostic software program organization, which is generating a much better world wide presence in the medical IT spots of hospital information methods (HIS), key and social treatment, integrated treatment and diagnostics. The transaction was beforehand declared in July 2020.

The sale of DXC’s healthcare service provider software package enterprise to Dedalus is consistent with DXC’s method and concentrate on the Business Engineering Stack. DXC expects to receive net proceeds of about $450 million from the transaction.

“The completion of the sale of our healthcare supplier application business strengthens our stability sheet and unlocks new price for our stakeholders,” reported Mike Salvino, President and CEO, DXC. “I would like to thank our persons who are going on to the Dedalus Team for their dedication and contributions about the many years and for their aim on our prospects all through this procedure.”

“Dedalus’ eyesight is for a digitally enabled healthcare ecosystem where by all stakeholders actively collaborate across the continuum of treatment to improve each and every citizen’s overall health outcomes,” reported Andrea Fiumicelli, CEO of Dedalus Group. “The acquisition by Dedalus is on par with our growth initiative technique that began four decades back. Our expanded program methods empower the integration of procedures, workflows and applications in get to enhance health care results for every single specific and for the populace as a complete. At the main of our business is a continual concentration and commitment to information security and to develop and produce innovation at scale.”

“We have an amazing study and advancement group and a robust management team. Our mission is to innovate,” ongoing Giorgio Moretti, Chairman of Dedalus Group. “Our expectation in the coming decades is that health care will embrace new technologies and services paradigms that will change the encounter of care for all citizens and care teams.”

Yann Chareton, Handling Director, Ardian Buyout, concluded, “This offer further allows Dedalus to make a decisive phase in its consolidation method.”

About DXC Technological know-how

DXC Technological know-how (NYSE: DXC) will help worldwide companies run their mission important units and operations even though modernizing IT, optimizing details architectures, and guaranteeing safety and scalability throughout general public, non-public and hybrid clouds. With decades of driving innovation, the world’s biggest businesses belief DXC to provide providers across the Company Technologies Stack to deliver new concentrations of functionality, competitiveness and shopper ordeals. Master extra about the DXC story and our emphasis on people, prospects and operational execution at www.dxc.technological know-how.

About Dedalus

Founded in Florence in 1982 by the latest Chairman Giorgio Moretti, Dedalus Team is the main health care and diagnostic software program provider in Europe and a person of the premier in the entire world. The shareholding composition assures steadiness and wonderful fiscal potential through the presence of Ardian, the greatest personal investment firm in Europe and the fourth in the earth.

Starting in 2016, Dedalus has accelerated its expansion system by concentrating on the rising need for impressive and thorough ICT and Clinical transformation alternatives. Right now Dedalus has a robust footprint in Germany, Italy, France, United kingdom & Ireland, Northern Europe, Austria, Switzerland, Spain, China, Brazil, Australia, New Zealand and various areas in Latin The united states, the Center East and Africa, having a existence in in excess of 40 diverse international locations. Many thanks to its undisputed slicing-edge portfolio of foremost, new technology alternatives, Dedalus handles the whole spectrum of requires for health care operators, supporting over 6,000 hospitals and 5,000 laboratories all around the earth.www.dedalus.com.

About Ardian

Ardian is a earth-main personal financial investment house with belongings of US$100bn managed or encouraged in Europe, the Americas and Asia. The corporation is majority-owned by its employees. It keeps entrepreneurship at its coronary heart and focuses on delivering outstanding financial commitment performance to its world trader base. By way of its dedication to shared outcomes for all stakeholders, Ardian’s actions gasoline individual, corporate and economic expansion close to the entire world. Keeping shut its core values of excellence, loyalty and entrepreneurship, Ardian maintains a genuinely international community, with additional than 670 personnel functioning from fifteen workplaces across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo and Seoul). It manages cash on behalf of around 1.000 shoppers as a result of 5 pillars of expenditure knowledge: Fund of Funds, Direct Resources, Infrastructure, Serious Estate and Non-public Credit card debt.

Ahead-Seeking Statements

All statements in this press launch that do not straight and solely relate to historic information constitute “forward-looking statements.” These statements depict current anticipations and beliefs, and no assurance can be supplied that the results described in this kind of statements will be reached. These statements are subject to a lot of assumptions, challenges, uncertainties and other aspects that could result in actual final results to differ materially from those explained in such statements, lots of of which are outdoors of our regulate. Additionally, quite a few of these challenges and uncertainties are at present amplified by and could continue on to be amplified by or may, in the potential, be amplified by, the recent outbreak of the novel coronavirus (“COVID-19”) pandemic and the influence of various personal and governmental responses that impact our consumers, personnel, vendors and the economies and communities wherever they work. For a composed description of these components, see the segment titled “Risk Factors” in DXC’s Annual Report on Type 10-K for the fiscal year finished March 31, 2020, and any updating data in subsequent SEC filings including DXC’s Quarterly Report on Sort 10-Q for the quarterly period ended December 31, 2020. No assurance can be provided that any aim or system set forth in any ahead-on the lookout assertion can or will be realized, and visitors are cautioned not to area undue reliance on this kind of statements which converse only as of the day they are designed. We do not undertake any obligation to update or release any revisions to any forward-seeking statement or to report any situations or situation immediately after the day of this press release or to mirror the prevalence of unanticipated functions besides as required by regulation.