DXC Technology has announced it will sell its healthcare technology business to Veritas Capital.
Veritas will acquire the unit for $5.0 billion in cash.
DXC Technology, based in Tyson, Va., provides information technology services for a wide range of industries, including healthcare and life sciences.
Veritas, based in New York, is a private equity firm that primarily targets technology or technology-enabled solutions for several sectors, including healthcare.
The transaction is expected to close by December 2020.