Michael horton, Actor

HCL Technologies on Monday announced its intent to acquire DWS Ltd, a leading Australian IT, business and management consulting group.The acquisition will enhance HCL's contribution to digital initiatives in Australia and New Zealand while strengthening its client portfolio across key industries.The transaction is expected to close in December subject to closing conditions, including regulatory approvals.DWS has over 700 employees and offices in Melbourne, Sydney, Adelaide, Brisbane and Canberra. It delivers business and technology innovation to large clients across a spectrum of verticals.HCL currently employs 1,600 people in major cities including Canberra, Sydney, Melbourne, Brisbaneand Perth.Michael Horton, Executive Vice President and Country Manager for Australia and New Zealand at HCL Technologies, said the company has invested in the region for over 20 years, and is committed to enabling digitilisation and growing the local ecosystem."We look forward to welcoming the DWS team to HCL and creating enhanced global learning and career opportunities for them," he said in a statement.DWS clocked revenues of 167.9 million Australian dollars in FY20.At 10:30 am, HCL Technologies was trading 4.24 per cent higher on BSE at Rs 844.95.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Mega Block

Maharashtra Lok Sabha Election

T20 World Cup 2024

Michael HortonFOLLOW

Michael horton, Latest News

Business :HCL Tech announces intent to acquire Australia's DWS Ltd

HCL Technologies on Monday announced its intent to acquire DWS Ltd, a leading Australian IT, business and management consulting group. ...