Luxoft

In 2000, Luxoft was established under the direction of Dmitry Loschinin in Russia.{{Cite web |date=2019-01-07 |title=US-based DXC acquires Russian-founded software development company Luxoft for $2 billion |url=https://tech.eu/2019/01/07/us-based-dxc-acquires-russian-founded-software-development-company-luxoft-for-2-billion/ |access-date=2024-05-21 |website=Tech.eu |language=en-GB}}

In 2008, it acquired ITC Networks in Bucharest.{{Cite web |last=Staff |first=Computerworld |date=2008-07-23 |title=Luxoft Acquires Romania's ITC Networks |url=https://www.computerworld.com/article/2777491/luxoft-acquires-romania---s-itc-networks.html |access-date=2022-06-22 |website=Computerworld |language=en}}

In 2013, Luxoft was listed on the New York Stock Exchange, following an initial public offering of 4.1 million shares at $17.00 per ordinary share.{{Cite web |last=Andrii Degeler |date=2013-07-02 |title=Luxoft raises $70 million in New York IPO |url=https://www.ewdn.com/2013/07/02/luxoft-raises-70-million-in-new-york-ipo/ |access-date=2022-06-14 |language=en-US}} UBS Limited, Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, VTB Capital plc and Cowen and Company, LLC were the joint book-running managers for the offering.

In 2010, Luxoft established a development center in Kraków, Poland.{{cite web|author=TMC Net|url=http://technews.tmcnet.com/news/2010/10/18/5072855.htm|title=Luxoft Opens Poland Development Center|publisher=TMC Net|date=2004-11-18|accessdate=2012-02-20|location=Krakow, Poland}}{{cite web|author=|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=7828827|archive-url=https://web.archive.org/web/20090207092830/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=7828827|url-status=dead|archive-date=February 7, 2009|title=Luxoft Ltd. Teams Up with Atmel Corporation to Complement its Application Development Services with ZigBee(R) Smart Energy(TM) Offering|publisher=businessweek.com|date=2012-02-12|accessdate=2012-07-10}} Since 2018, Luxoft has been present in Italy (Turin), through the acquisition of the Objective site.{{cite web|title=Career at Luxoft|periodical=|publisher=|url=https://career.luxoft.com/locations/italy/|format=|access-date=2021-03-03|last=|date=|year=|language=|pages=|quote=}}

In 2018, Luxoft enabled Switzerland's first Blockchain based e-vote platform with the City of Zug and Hochschule Luzern's Blockchain Lab.{{Cite web |date=December 2018 |title=Zug citizens open to more blockchain-based e-voting |url=https://cryptovalley.swiss/citizens-open-more-blockchain-evoting/ |accessdate=2019-08-15 |website=Crypto Valley |language=en-US}}

In January 2019, DXC Technology of Tysons Corner, Virginia announced the acquisition of Luxoft Holding.{{cite web|title=DXC Technology übernimmt Digital-Spezialisten Luxoft aus der Schweiz|periodical=|publisher=|url=https://www.dxc.technology/de/press_releases/146134-dxc_technology_%C3%BCbernimmt_digital_spezialisten_luxoft_aus_der_schweiz|format=|access-date=2021-03-08|last=|date=|year=|language=de|pages=|quote=}}

In June 2019, DXC Technology completed the 100% acquisition of Luxoft.{{cite news|author1=Akanksha Rana|url=https://www.reuters.com/article/us-luxoft-m-a-dxc-tech/dxc-technology-to-buy-software-development-company-luxoft-for-2-billion-idUSKCN1P115T|work=Reuters|title="DXC Technology to buy software development company Luxoft for $2 billion"|date=7 Jan 2019}}{{cite web |title=DXC Technology Completes Acquisition of Leading Digital Innovator Luxoft |url=https://www.businesswire.com/news/home/20190614005254/en/DXC-Technology-Completes-Acquisition-of-Leading-Digital-Innovator-Luxoft |date=14 June 2023}} According to the information from SEC database, DXC Technology owns 83% of Luxoft shares.{{Cite web |date=8 January 2019 |title=VC.ru |url=https://vc.ru/finance/54982-dxc-technology-kupila-rossiyskogo-razrabotchika-programmnogo-obespecheniya-luxoft |website=VC}}

Because of Russian invasion of Ukraine, the company announced it strongly supported Ukraine and condemned Russia. It decided to leave the Russian market, accordingly in April 2022 and the Russian business was sold to IBS Holding.{{cite web |date=23 May 2023 |title=DXC Technology self-reports possible Russian sanctions violations |url=https://www.complianceweek.com/sanctions/dxc-technology-self-reports-possible-russian-sanctions-violations/33129.article |website=Compliance Week}}

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Category:Software companies of Switzerland

Category:Companies listed on the New York Stock Exchange

Category:Multinational companies headquartered in Switzerland

Category:Consulting firms established in 2000

Category:Software companies established in 2000

Category:International information technology consulting firms