According to Reuters ,Bloomberg and other outlets Appolo and Kyndrl have made a approach for DXC in the $20+
DXC have acknowledged the approach but are not commenting further at the moment.
9 replies (most recent on top)
We ourselves spread this news once in a while to keep the markets interested and create some buzz.
Seems like a glitch in some Web indexing... Not least of which because kyndryl are in the middle of a crisis at the moment that's just swept their leadership into the bin...
It feels like DXC no longer really knows what it does, or how to get things done. Spreadsheets and endless email chains aren’t a delivery model. But that's all we have.
No one seems willing to challenge the way things are done, even though it hasn’t moved us forward for years. So we drift. Another month passes. Another set of meetings. Very little changes.
We’ve managed to convince client senior management that they might need us. But on the ground, the people actually using the service do everything they can to bypass DXC entirely. That probably says more than any slide deck ever could.
Lets be honest when you have 3rd rate Execs like Drumgoole, and Fern anyone slightly better should be able to come in and turn this around in 6 to12 months.
DXC for some strange reason always seem to get old incapable cast offs from other companies then pay the 5 times the market rate.
Thats happened for the last 9 years the companies revenues have been shrunk by t-t Execs.
Let’s be honest. No one wants to buy this piece of junk. But relax, I’ve got a solid plan: give me three years and I’ll pick up DXC and all of you for half a cent. Day one will be the mandatory employee purchase of wildly overpriced corporate merch of my new DXC branding from my other company and day two will be the swift and highly strategic bankruptcy declaration. Efficient execution is key in my book.
@a2 I'm thinking the same thing, nothing comes up apart from an article from a few days ago referring to the offer the other year. AI is not to be trusted
I saw that in my Google Alerts but thought it might be a scraping error.
Rahul will be trying to negotiate a big pay off or say the he can get the share price to $50.
Interesting times "Kyndryl has approached the IT services firm with an all-cash offer"