How Enterprises Benefit In Digital Transformation From DXC Technology Acquiring Luxoft [Forbes]
LUXOFT HOLDING INC (LXFT)
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Source: Forbes
How Enterprises Benefit In Digital Transformation From DXC Technology Acquiring Luxoft Getty Images DXC Technology yesterday announced its acquisition of Luxoft What The Acquisition Signals For The Services From an industry perspective, DXC’s acquisition of Luxoft comes on the heels of an industry consolidation and restructure. This significant acquisition shows the restructuring is picking up in intensity. I note two themes in the services industry restructuring: Accenture is the champion of the digital acquisitions strategy and has been on a relentless tear for the last four years in picking up new-generation digital companies that help transform the Accenture base so that it is compelling in digital. Accenture uses this strategy to acquire rare digital skills and transform its offerings. Accenture is now the leader in digital transformation, and other service provider firms are following down the same path, looking for new firms that can help reposition them and bring them rare
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