January 7, 2019 / 12:44 PM / 3 months ago

DXC Technology to buy software development company Luxoft for $2 bln

Jan 7 (Reuters) - IT and consulting services provider DXC Technology Co said on Monday it would buy software development company Luxoft Holding Inc for about $2 billion.

The deal for $59 per share in cash, represents a premium of about 86 percent to Luxoft's closing price on Friday. (Reporting by Akanksha Rana in Bengaluru; Editing by Shounak Dasgupta)

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