DXC Collects $213,560,494.98 in Landmark IP Theft Case From TCS

DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today announced it has collected $213,560,494.98. from Tata Consultancy Services (TCS) in a landmark trade secrets case involving DXC subsidiary Computer Sciences Corporation (CSC).

The Supreme Court declined to disturb the lower courts' rulings, including a $168 million damages award in favor of DXC, which, with the accumulation of interest, resulted in DXC collecting $213,560,494.98.

The U.S. Court of Appeals for the Fifth Circuit previously upheld findings that TCS willfully and maliciously misappropriated CSC trade secrets, finding ample evidence in the record that TCS's conduct was intentional and in conscious disregard of CSC's rights.

This outcome reflects DXC's commitment to enforcing its intellectual property rights and underscores the importance of fair competition, the rule of law, and the right to protect innovation. Protecting intellectual property is critical to safeguarding customer solutions and ensuring continued investment in technologies that drive business outcomes.

"Trust is the foundation of every business relationship," said Raul Fernandez, President and Chief Executive Officer of DXC. "In an era of AI innovation, trust is even more critical, so it's very disappointing to see a global company such as TCS get caught willfully misappropriating a U.S. company's trade secrets. We are also grateful for the U.S. legal system for upholding the rights of technology innovators."

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