Luxembourg-based investment manager Assenagon Asset Management S.A. has bought a stake in U.S. end-to-end information technology services company DXC Technology Co.

Assenagon Asset Management S.A bought 110,830 shares of  DXC Technology’s stock, valued at around $10.3 million.

Previously, Assenagon Asset also purchased a stake in shares of American Electric Power Company Inc. Assenagon purchased 11,541 shares of American Electric’s stock, valued at approximately $818,000.

DXC Technology has so far acquired 13 organizations. On November 5, 2018, the company acquired London-based cloud service management firm TESM.