IT and blockchain consultancy Luxoft bought by DXC

Luxoft makes only a fraction of its revenues from blockchain but has nonetheless made a splash in the enterprise blockchain sector. Today it was announced that DXC.technology will acquire the Swiss-headquartered Luxoft for roughly $2 billion. DXC was created in April 2017 from the merger of Computer Sciences Corporation, Hewlett Packard Enterprise, and Electronic Data Systems (EDS).

Blockchain experience

Luxoft created an integration between Hyperledger Indy and R3’s Corda enterprise blockchain called “cordentity“. The project has been open-sourced under the permissive Apache 2 license. When it announced the integration in June last year, Vasiliy Suvorov, Luxoft’s CTO said: “By contributing the integration framework, we hope to enable faster innovation and help both Corda and the Hyperledger Indy communities to focus on building innovative applications and spend less time on technology integration.”

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