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DXC Technology create From end Of CSC-HPE Enterprise Services Merger



DXC Technology is born today, the fun begins… • The Register


Further, the branbassadors will “stage photo opportunities” because “Nick [Wilson, UK boss] is looking for a photo from all sites”.
Victoria Wakely, who was a senior sales leader at CSC, was to “meet and get to know employees”.
Franken-firm DXC Technology, the corporate mash-up between CSC and HPE Enterprise Services that was brought to life today, has urged staff to turn up to work in fancy dress, or at least corporate colours, to celebrate the launch.
“Brand ambassadors” will “distribute DXC branded merchandise during the day”, including notepads, pens or, er, mug.
“Be ready to welcome Victoria and chat to her about what you do!” a memo to staff warned.

As it stated in
HP Enterprise

Shares in Hewlett Packard Enterprise (HPE) edged down on the first day of trading following the spinoff of its enterprise services businesses, which merged with Computer Sciences (CSC) to create DXC Technology (DXC).
Shares in DXC Technology fell 1.8% to 67.95 on Monday.
About 50.1% of the outstanding shares of DXC common stock is now held by pre-merger HPE stockholders, with pre-merger CSC stockholders holding 49.9% of shares.
HPE stock closed down 1% to 17.57 in the stock market today.
Accounting for the difference between Friday’s close and Monday’s open were terms of the spinoff: HPE stockholders received about 0.086 shares of DXC common stock for each HPE share.

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