DXC Technology Completes the Sale of DXC’s Health care Supplier Program Organization to the Dedalus Group

TYSONS, Va. & MILAN, Italy–(Company WIRE)–DXC Technology (NYSE: DXC) right now declared that it has accomplished the sale of DXC’s healthcare provider computer software business to the privately held Dedalus Group, a main European health care and diagnostic application firm, which is generating a more robust world presence in the clinical IT regions of healthcare facility details devices (HIS), main and social care, integrated care and diagnostics. The transaction was beforehand announced in July 2020.

The sale of DXC’s health care supplier computer software organization to Dedalus is constant with DXC’s tactic and aim on the Business Technologies Stack. DXC expects to receive internet proceeds of about $450 million from the transaction.

“The completion of the sale of our healthcare supplier program organization strengthens our stability sheet and unlocks new benefit for our stakeholders,” claimed Mike Salvino, President and CEO, DXC. “I would like to thank our people today who are shifting on to the Dedalus Group for their dedication and contributions around the a long time and for their concentrate on our buyers throughout this process.”

“Dedalus’ vision is for a digitally enabled healthcare ecosystem exactly where all stakeholders actively collaborate throughout the continuum of care to boost every single citizen’s overall health results,” claimed Andrea Fiumicelli, CEO of Dedalus Group. “The acquisition by Dedalus is on par with our expansion initiative tactic that started 4 a long time ago. Our expanded application alternatives permit the integration of procedures, workflows and apps in order to strengthen healthcare outcomes for each and every individual and for the inhabitants as a full. At the core of our organization is a constant focus and motivation to info protection and to create and supply innovation at scale.”

“We have an extraordinary investigate and improvement group and a strong leadership staff. Our mission is to innovate,” ongoing Giorgio Moretti, Chairman of Dedalus Team. “Our expectation in the coming a long time is that healthcare will embrace new systems and service paradigms that will completely transform the knowledge of treatment for all citizens and treatment groups.”

Yann Chareton, Taking care of Director, Ardian Buyout, concluded, “This offer even more enables Dedalus to make a decisive phase in its consolidation technique.”

About DXC Engineering

DXC Know-how (NYSE: DXC) assists world-wide businesses run their mission crucial devices and functions when modernizing IT, optimizing information architectures, and guaranteeing safety and scalability across public, personal and hybrid clouds. With many years of driving innovation, the world’s most significant firms have faith in DXC to present companies throughout the Business Technological know-how Stack to provide new concentrations of general performance, competitiveness and consumer ordeals. Master far more about the DXC story and our concentrate on men and women, customers and operational execution at www.dxc.technological know-how.

About Dedalus

Started in Florence in 1982 by the recent Chairman Giorgio Moretti, Dedalus Group is the foremost healthcare and diagnostic software program company in Europe and one particular of the premier in the planet. The shareholding composition makes sure security and fantastic economical capacity by means of the presence of Ardian, the greatest non-public financial investment organization in Europe and the fourth in the globe.

Beginning in 2016, Dedalus has accelerated its growth method by concentrating on the rising demand from customers for innovative and detailed ICT and Clinical transformation methods. Right now Dedalus has a potent footprint in Germany, Italy, France, Uk & Eire, Northern Europe, Austria, Switzerland, Spain, China, Brazil, Australia, New Zealand and a number of places in Latin The united states, the Middle East and Africa, acquiring a presence in over 40 different nations around the world. Thanks to its undisputed chopping-edge portfolio of main, new generation answers, Dedalus covers the entire spectrum of demands for health care operators, supporting around 6,000 hospitals and 5,000 laboratories about the globe.www.dedalus.com.

About Ardian

Ardian is a world-foremost private investment decision house with belongings of US$100bn managed or suggested in Europe, the Americas and Asia. The business is greater part-owned by its staff members. It retains entrepreneurship at its heart and focuses on offering excellent financial commitment performance to its worldwide investor foundation. Through its dedication to shared outcomes for all stakeholders, Ardian’s routines gasoline particular person, corporate and financial development about the entire world. Holding near its core values of excellence, loyalty and entrepreneurship, Ardian maintains a actually worldwide community, with a lot more than 670 staff operating 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 resources on behalf of close to 1.000 clients through five pillars of expenditure expertise: Fund of Money, Immediate Funds, Infrastructure, Genuine Estate and Private Financial debt.

Ahead-Searching Statements

All statements in this press release that do not straight and completely relate to historical information represent “forward-seeking statements.” These statements stand for existing anticipations and beliefs, and no assurance can be given that the benefits explained in these types of statements will be realized. Such statements are subject to quite a few assumptions, dangers, uncertainties and other aspects that could induce precise final results to vary materially from those people explained in this kind of statements, lots of of which are outside the house of our control. Moreover, lots of of these challenges and uncertainties are at the moment amplified by and may perhaps carry on to be amplified by or may well, in the foreseeable future, be amplified by, the latest outbreak of the novel coronavirus (“COVID-19”) pandemic and the effects of varying personal and governmental responses that have an impact on our prospects, employees, vendors and the economies and communities wherever they run. For a created description of these aspects, see the segment titled “Risk Factors” in DXC’s Yearly Report on Kind 10-K for the fiscal calendar year ended March 31, 2020, and any updating data in subsequent SEC filings together with DXC’s Quarterly Report on Variety 10-Q for the quarterly time period finished December 31, 2020. No assurance can be offered that any target or prepare set forth in any forward-wanting assertion can or will be obtained, and viewers are cautioned not to spot undue reliance on this sort of statements which converse only as of the day they are built. We do not undertake any obligation to update or release any revisions to any forward-searching statement or to report any gatherings or circumstances after the date of this push launch or to mirror the event of unanticipated occasions other than as necessary by legislation.