{"id":34690,"date":"2020-07-27T11:59:45","date_gmt":"2020-07-27T10:59:45","guid":{"rendered":"https:\/\/www.intelligentcio.com\/africa\/?p=34690"},"modified":"2022-05-17T11:25:55","modified_gmt":"2022-05-17T10:25:55","slug":"dxc-technology-to-sell-healthcare-business-to-italys-dedalus-group-in-us525-million-cash-deal","status":"publish","type":"post","link":"https:\/\/www.intelligentcio.com\/africa\/2020\/07\/27\/dxc-technology-to-sell-healthcare-business-to-italys-dedalus-group-in-us525-million-cash-deal\/","title":{"rendered":"DXC Technology to sell healthcare business to Italy\u2019s Dedalus Group in US$525 million cash deal"},"content":{"rendered":"\n<p>DXC Technology, a global independent, end-to-end IT services and solutions company, has announced it is selling its healthcare providers software business to an Italian healthcare technology company in a cash deal worth US$ 525 million.<\/p>\n\n\n\n<p>The deal will make US-based DXC healthcare provider software business a part of Florence, Italy-based Dedalus Group, which claims to be Europe\u2019s leading healthcare and diagnostic software provider and one of the largest in the world.<\/p>\n\n\n\n<p>DXC, which was formed in the 2017 merger of HPE Enterprise Services and CSC, has been looking since late last year to seek strategic alternatives for three of its businesses: its US, state, and local health and human services business; its horizontal business process services (BPS) business and its workplace and mobility business. Those businesses combined represented about 25% of DXC\u2019s total revenue.<\/p>\n\n\n\n<p>DXC declined to provide more information about the sale beyond the company\u2019s press statement.<\/p>\n\n\n\n<p>DXC\u2019s healthcare provider software is currently used by over 1 million users, including users in 80% of the top 15 US-based Fortune 500 healthcare organisations, DXC claimed on its website. Those users are maintaining 100 million electronic health records.<\/p>\n\n\n\n<p>The software business includes an open digital health platform DXC claims can help improve care outcomes with contextual and actionable insights.<\/p>\n\n\n\n<p>Mike Salvino, President and CEO, DXC Technology, said in a statement that the deal will benefit DXC\u2019s stakeholders, including customers and personnel.<\/p>\n\n\n\n<p>\u201cThe sale of our healthcare provider software business to Dedalus is consistent with our strategy of focusing on the Enterprise Technology Stack and rationalising our portfolio,\u201d he said.<\/p>\n\n\n\n<p>DXC, which has been trying to sell off certain parts of the business accounting for about one-quarter of its total revenue, hopes to close on the US$ 525 million sale of the DXC healthcare provider software business by March 2021.<\/p>\n\n\n\n<p>DXC Technology has its Middle East and Africa (MEA) operations head office based in Dubai, United Arab Emirates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DXC Technology, a global independent, end-to-end IT services and solutions company, has announced it is selling its healthcare providers software business to an Italian healthcare technology company in a cash deal worth US$ 525 million. The deal will make US-based DXC healthcare provider software business a part of Florence, Italy-based Dedalus Group, which claims to [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9058,329,396,9057,9059,13,9060],"tags":[13264,7426,612,5720],"class_list":["post-34690","post","type-post","status-publish","format-standard","hentry","category-east-africa","category-healthcare","category-industry-verticals","category-north-africa","category-south-africa","category-top-stories","category-west-africa","tag-dedalus-group","tag-dxc-technology","tag-healthcare","tag-italy"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/34690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/comments?post=34690"}],"version-history":[{"count":1,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/34690\/revisions"}],"predecessor-version":[{"id":34691,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/34690\/revisions\/34691"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media?parent=34690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/categories?post=34690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/tags?post=34690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}