Deals·October 19, 2026 at 8:00 AM EDT·2 sources
DXC in advanced talks to sell insurance software unit for $2.4 billion, sources say
DXC +0.1%
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News
acquisition, log scale$2.4B
$100M$1B$10B$100B
EV / EBITDA1.2x
0x30x
What happened
- DXC Technology is in advanced talks to sell its insurance software and services division to Eldridge Industries for about $2.4 billion.
- Eldridge is discussing combining the business with Zinnia, its insurance technology platform.
- An agreement could be reached in the coming weeks, but there is no certainty the deal will be finalized.
Reported transaction value
about $2.4 billion
Why it matters
The potential divestiture could reshape DXC’s portfolio and create a scaled insurance-technology provider through a combination with Zinnia. It is relevant to M&A and corporate-finance professionals tracking technology-services consolidation and sponsor-backed transactions.
What to watch. Whether the parties reach an agreement in the coming weeks.
Deal terms
acquisition
Eldridge Industries → DXC Technology’s insurance software and services division
Value
$2.4B
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Timeline
- First reported by ReutersOct 19DXC in advanced talks to sell insurance software unit for $2.4 billion, sources say
- Insurance Journal reportsOct 20Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion
Who is involved
acquiringDXC in advanced talks to sell insurance software unit for $2.…DXC Technology’s insurance software and services divisionDXC · targetEldridge IndustriesbuyerZinnia
CompanyThe deal
Sources (2)
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