CSC and HPE Enterprise Services new company launch date revealed

DXC Technology, the company born out of the merger between CSC and HPE Enterprise Services, will launch in Australia on Tuesday 4 April.

The news comes after CSC shareholders approved the merger earlier this week. The proposed merger was announced in late May 2016 for US$12.5 billion. According to an official statement from CSC, approximately 84.92 percent of the outstanding shares of CSC common stock voted in favour of the merger, representing approximately 98.68 percent of the votes cast at a special meeting.

At the time the deal was announced, both companies employed a combined 165,000 people.

When CSC and HPE revealed the combined name on 15 February, the company said it expected the new business to start operating on 3 April.

CSC chief executive Mike Lawrie said: "DXC Technology will be recognised globally as a force multiplier, enabling clients to seize the opportunities presented by today's rapidly changing technologies."

DXC expects annual sales revenue of A$34 billion and close to 6000 customers across 70 countries.

The new company's board will be split 50-50 between directors nominated by HPE and CSC.

DXC has announced Lawrie will be running the company. HPE Enterprise Services leader Mike Nefkens will head the sales and business development.

A total of 17 executives that will report to Lawrie have been announced in February.

CSC chief marketing and communications officer Gary Stockman, who will serve in the same capacity at DXC Technology, said: "Over decades, CSC and HPE ES have successfully met the challenges of innovation, guiding the world’s largest enterprises and government agencies through multiple change cycles. Together as DXC Technology, our technology independence, world-class talent and industry-leading partner ecosystem will provide a clear and confident vision for the future."

CSC has grown significantly through acquisitions over the past year. The multinational bought out local giant UXC Limited for $428 million and software firm Xchanging for $846 million, which added 350 staff in Australia.

In February, CSC Australia won a seven-year to provide end user computing services to the South Australian government. The move meant 180 SA technology workers would have to re-apply for their jobs.

The company said it would open an office in Adelaide and hire 400 workers.