DXC Know-how Completes the Sale of DXC’s Health care Supplier Program Small business to the Dedalus Team

TYSONS, Va. & MILAN, Italy–(Enterprise WIRE)–DXC Technologies (NYSE: DXC) these days introduced that it has accomplished the sale of DXC’s healthcare supplier software company to the privately held Dedalus Group, a foremost European healthcare and diagnostic software business, which is producing a more powerful world wide presence in the clinical IT spots of hospital info techniques (HIS), most important and social care, built-in treatment and diagnostics. The transaction was formerly declared in July 2020.

The sale of DXC’s health care supplier software package small business to Dedalus is reliable with DXC’s tactic and concentrate on the Organization Know-how Stack. DXC expects to obtain net proceeds of about $450 million from the transaction.

“The completion of the sale of our health care service provider computer software company strengthens our equilibrium sheet and unlocks new value for our stakeholders,” claimed Mike Salvino, President and CEO, DXC. “I would like to thank our individuals who are going on to the Dedalus Team for their dedication and contributions more than the yrs and for their focus on our customers throughout this process.”

“Dedalus’ eyesight is for a digitally enabled health care ecosystem where by all stakeholders actively collaborate across the continuum of care to enhance each and every citizen’s wellbeing results,” mentioned Andrea Fiumicelli, CEO of Dedalus Team. “The acquisition by Dedalus is on par with our expansion initiative method that began four years back. Our expanded application alternatives permit the integration of procedures, workflows and apps in order to increase healthcare results for each personal and for the inhabitants as a full. At the core of our small business is a continual concentration and determination to information safety and to develop and produce innovation at scale.”

“We have an outstanding investigate and advancement team and a potent management staff. Our mission is to innovate,” ongoing Giorgio Moretti, Chairman of Dedalus Group. “Our expectation in the coming yrs is that healthcare will embrace new systems and services paradigms that will transform the experience of care for all citizens and care teams.”

Yann Chareton, Taking care of Director, Ardian Buyout, concluded, “This offer additional enables Dedalus to make a decisive move in its consolidation system.”

About DXC Technological know-how

DXC Technologies (NYSE: DXC) will help worldwide corporations run their mission vital methods and operations when modernizing IT, optimizing info architectures, and making certain stability and scalability across general public, non-public and hybrid clouds. With decades of driving innovation, the world’s biggest providers belief DXC to present solutions across the Organization Technologies Stack to deliver new degrees of performance, competitiveness and client ordeals. Understand far more about the DXC story and our emphasis on individuals, clients and operational execution at www.dxc.know-how.

About Dedalus

Founded in Florence in 1982 by the existing Chairman Giorgio Moretti, Dedalus Group is the leading health care and diagnostic software package supplier in Europe and a person of the largest in the entire world. The shareholding structure guarantees stability and great money capacity by means of the existence of Ardian, the greatest private investment organization in Europe and the fourth in the planet.

Starting in 2016, Dedalus has accelerated its expansion tactic by targeting the growing demand for progressive and detailed ICT and Medical transformation solutions. Now Dedalus has a sturdy footprint in Germany, Italy, France, United kingdom & Ireland, Northern Europe, Austria, Switzerland, Spain, China, Brazil, Australia, New Zealand and quite a few spots in Latin The us, the Middle East and Africa, having a presence in around 40 distinct nations. Thanks to its undisputed cutting-edge portfolio of leading, new era solutions, Dedalus handles the entire spectrum of desires for health care operators, supporting above 6,000 hospitals and 5,000 laboratories all around the earth.www.dedalus.com.

About Ardian

Ardian is a earth-main private expenditure home with property of US$100bn managed or recommended in Europe, the Americas and Asia. The organization is greater part-owned by its staff. It retains entrepreneurship at its coronary heart and focuses on delivering outstanding expense performance to its world-wide investor foundation. By its determination to shared outcomes for all stakeholders, Ardian’s functions gasoline particular person, corporate and economic progress all around the entire world. Keeping near its core values of excellence, loyalty and entrepreneurship, Ardian maintains a certainly international network, with much more than 670 employees working from fifteen workplaces throughout 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 through 5 pillars of investment decision abilities: Fund of Money, Immediate Cash, Infrastructure, Authentic Estate and Non-public Financial debt.

Forward-On the lookout Statements

All statements in this press release that do not specifically and solely relate to historic details represent “forward-looking statements.” These statements characterize existing expectations and beliefs, and no assurance can be offered that the final results explained in these statements will be achieved. This kind of statements are matter to several assumptions, threats, uncertainties and other variables that could cause true final results to vary materially from those people described in this sort of statements, a lot of of which are outside of our manage. Additionally, a lot of of these risks and uncertainties are presently amplified by and may possibly continue to be amplified by or may well, in the potential, be amplified by, the modern outbreak of the novel coronavirus (“COVID-19”) pandemic and the effect of different personal and governmental responses that have an impact on our clients, personnel, sellers and the economies and communities where by they operate. For a composed description of these things, see the part titled “Risk Factors” in DXC’s Yearly Report on Variety 10-K for the fiscal year finished March 31, 2020, and any updating information and facts 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 objective or strategy established forth in any forward-searching assertion can or will be achieved, and audience are cautioned not to area undue reliance on these types of statements which talk only as of the day they are produced. We do not undertake any obligation to update or release any revisions to any ahead-wanting statement or to report any events or situations following the date of this push release or to reflect the incidence of unanticipated gatherings besides as essential by law.