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

Kimiko G. Judith

TYSONS, Va. & MILAN, Italy–(Business enterprise WIRE)–DXC Engineering (NYSE: DXC) currently introduced that it has concluded the sale of DXC’s healthcare provider application enterprise to the privately held Dedalus Group, a top European health care and diagnostic software firm, which is generating a more powerful world existence in the medical IT locations of clinic facts units (HIS), principal and social treatment, built-in treatment and diagnostics. The transaction was formerly introduced in July 2020.

The sale of DXC’s health care company computer software organization to Dedalus is steady with DXC’s strategy and concentrate on the Business Technological know-how Stack. DXC expects to obtain internet proceeds of about $450 million from the transaction.

“The completion of the sale of our healthcare company program business enterprise strengthens our harmony sheet and unlocks new price for our stakeholders,” stated Mike Salvino, President and CEO, DXC. “I would like to thank our people who are moving on to the Dedalus Team for their motivation and contributions around the decades and for their aim on our consumers all through this procedure.”

“Dedalus’ vision is for a digitally enabled healthcare ecosystem wherever all stakeholders actively collaborate throughout the continuum of care to enhance each citizen’s well being outcomes,” explained Andrea Fiumicelli, CEO of Dedalus Group. “The acquisition by Dedalus is on par with our progress initiative method that started 4 decades back. Our expanded program answers permit the integration of procedures, workflows and applications in purchase to strengthen healthcare outcomes for every particular person and for the population as a full. At the main of our small business is a continual emphasis and dedication to info security and to generate and provide innovation at scale.”

“We have an outstanding investigation and improvement staff and a sturdy leadership group. Our mission is to innovate,” ongoing Giorgio Moretti, Chairman of Dedalus Group. “Our expectation in the coming decades is that healthcare will embrace new technologies and provider paradigms that will remodel the practical experience of treatment for all citizens and treatment groups.”

Yann Chareton, Controlling Director, Ardian Buyout, concluded, “This offer additional allows Dedalus to make a decisive action in its consolidation system.”

About DXC Technological know-how

DXC Technologies (NYSE: DXC) allows world-wide businesses run their mission crucial systems and functions when modernizing IT, optimizing details architectures, and guaranteeing safety and scalability throughout public, non-public and hybrid clouds. With decades of driving innovation, the world’s premier firms believe in DXC to deliver providers across the Organization Know-how Stack to supply new degrees of effectiveness, competitiveness and client encounters. Study more about the DXC story and our concentrate on individuals, clients and operational execution at www.dxc.engineering.

About Dedalus

Started in Florence in 1982 by the latest Chairman Giorgio Moretti, Dedalus Group is the foremost healthcare and diagnostic program service provider in Europe and one of the premier in the world. The shareholding composition assures security and terrific financial capacity by the presence of Ardian, the most significant non-public financial investment enterprise in Europe and the fourth in the environment.

Starting in 2016, Dedalus has accelerated its growth strategy by focusing on the developing demand from customers for ground breaking and thorough ICT and Medical transformation alternatives. Nowadays Dedalus has a potent footprint in Germany, Italy, France, British isles & Eire, Northern Europe, Austria, Switzerland, Spain, China, Brazil, Australia, New Zealand and numerous areas in Latin The united states, the Middle East and Africa, owning a presence in about 40 unique international locations. Many thanks to its undisputed cutting-edge portfolio of major, new era remedies, Dedalus addresses the full spectrum of desires for healthcare operators, supporting about 6,000 hospitals and 5,000 laboratories all-around the planet.www.dedalus.com.

About Ardian

Ardian is a globe-leading non-public investment home with belongings of US$100bn managed or suggested in Europe, the Americas and Asia. The enterprise is greater part-owned by its workers. It keeps entrepreneurship at its heart and focuses on providing outstanding investment effectiveness to its world wide investor foundation. By means of its commitment to shared results for all stakeholders, Ardian’s routines fuel specific, company and economic growth all over the globe. Holding close its main values of excellence, loyalty and entrepreneurship, Ardian maintains a certainly world community, with far more than 670 employees doing the job 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 funds on behalf of all-around 1.000 purchasers by means of 5 pillars of expenditure expertise: Fund of Resources, Immediate Resources, Infrastructure, Actual Estate and Private Financial debt.

Forward-Seeking Statements

All statements in this push release that do not immediately and completely relate to historical details represent “forward-looking statements.” These statements signify current expectations and beliefs, and no assurance can be provided that the effects explained in this kind of statements will be attained. This sort of statements are subject to a lot of assumptions, risks, uncertainties and other variables that could result in actual benefits to differ materially from all those described in these kinds of statements, lots of of which are outside of our manage. Furthermore, numerous of these dangers and uncertainties are at present amplified by and could continue to be amplified by or may possibly, in the potential, be amplified by, the current outbreak of the novel coronavirus (“COVID-19”) pandemic and the impact of different personal and governmental responses that impact our customers, employees, distributors and the economies and communities in which they run. For a composed description of these aspects, see the area titled “Risk Factors” in DXC’s Yearly Report on Type 10-K for the fiscal year ended March 31, 2020, and any updating data in subsequent SEC filings like DXC’s Quarterly Report on Variety 10-Q for the quarterly interval ended December 31, 2020. No assurance can be presented that any goal or approach established forth in any forward-seeking statement can or will be attained, and readers are cautioned not to position undue reliance on this sort of statements which communicate only as of the day they are built. We do not undertake any obligation to update or launch any revisions to any forward-hunting assertion or to report any situations or situations immediately after the day of this press release or to mirror the occurrence of unanticipated activities other than as necessary by legislation.

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