Dxc Technology Company · NYSE:DXC
Dxc Technology — Merger or Acquisition (October 2017)
10 slides from Dxc Technology's merger presentation, Oct 11, 2017
Slide 1: DXC to combine its USPS business with Vencore and KeyPoint
DXC to combine its USPS business with Vencore and KeyPoint to create an independent, publicly traded company serving U.S. Government clients Proprietary and Confidential
Slide 2: Forward looking statements
Forward looking statements All written or oral statements made by DXC at this meeting or in these presentation materials that do not directly and exclusively relate to historical facts constitute forward-looking statements, including statements regarding our intention to separate the company into tw
Slide 3: Key messages
Key messages DXC to combine its USPS business with Vencore and KeyPoint to create an independent, publicly traded company serving U.S. Government clients NewCo will be uniquely positioned to lead the segment by providing mission- enabled end-to-end IT services to government clients NewCo has a compe
Slide 4: DXC to combine its USPS business with Vencore and KeyPoint to create a leading publicly traded IT company
DXC to combine its USPS business with Vencore and KeyPoint to create a leading publicly traded IT company serving U.S. Government clients NewCo Mission-enabled leader in the U.S. Government IT services market DXC USPS Vencore KeyPoint ~$4.3B Industry- ~$2.9B ~$1.2B ~$0.3B Revenue leading revenue rev
Slide 5: NewCo will bring complementary capabilities that will enable government clients to deliver on their missions
NewCo will bring complementary capabilities that will enable government clients to deliver on their missions • Franchise position in the Intelligence Community and Department of Defense Strategy Vencore & consulting • Rich IP and innovation portfolio • Offerings in cyber, systems engineering, and da
Slide 6: NewCo will build on a portfolio of established and minimally overlapping clients
NewCo will build on a portfolio of established and minimally overlapping clients Mission Services (Vencore / KeyPoint) Enterprise IT services (USPS) Classified Office of Dir. Of Veterans Text USCYBERCOM HHS, CMS Treasury Nat’l intelligence Affairs National United Dept. of Department GSA Geospatial S
Slide 7: NewCo's compelling value proposition
NewCo’s compelling value proposition Growth • Complementary capabilities in Mission Services and Enterprise IT Services opportunities • Established and minimally overlapping client portfolio in Intelligence Community, DoD, NASA, Homeland Security, and Federal Healthcare Strong • Compelling industry
Slide 8: NewCo will benefit all stakeholders
NewCo will benefit all stakeholders Clients Employees Investors Partners • Access to complementary • Become part of an • Unlocks value through • Will now be engaged with capabilities (mission and innovative leader in U.S. tailored growth strategy for two leading companies enterprise IT services) Gov
Slide 9: Transaction summary
Transaction summary Transaction structure • Transaction structured as a Reverse Morris Trust • DXC shareholders to own 86% of NewCo; Veritas Capital to own 14% • DXC to receive $1.05B in consideration; Veritas Capital to receive $400M in cash merger consideration Timing and closing conditions • Targ
Slide 10: Key takeaways
Key takeaways Creates an end- Offers a to-end mission Unlocks greater compelling value and enterprise IT access to proposition for services leader clients, clients, in the U.S. capabilities, and investors, Government contract vehicles employees and services market partners 9 Proprietary and Confiden
DXC Technology Company — Merger or Acquisition (October 2017) on 6ix