India  
NewsR.in
> >

HCL to buy some IBM software assets for $1.8 billion; shares fall

Reuters India Friday, 7 December 2018 ()
HCL to buy some IBM software assets for $1.8 billion; shares fallIndian software services firm HCL Technologies agreed to buy some software assets from International Business Machines Corp for $1.80 billion to help it compete better with bigger rivals such as TCS and Infosys Ltd.
0
shares
ShareTweetSavePostSend
 

Recent related videos from verified sources

IBM Paying A lot for 'Red Hat' [Video]IBM Paying A lot for 'Red Hat' 00:36

On Sunday, IBM announced Sunday that it has struck a deal to acquire the cloud-software company Red Hat for $34 billion. Business Insider reports IBM said it will pay $190 a share in cash. $190 a..

Credit: Wochit - Published

IBM Purchases Software Company Red Hat for $34 Billion [Video]IBM Purchases Software Company Red Hat for $34 Billion 01:03

IBM Purchases Software Company Red Hat for $34 Billion The massive deal is expected to be finalized in the second half of 2019. Both companies have called it the "most significant tech acquisition of..

Credit: Wibbitz Top Stories - Published

IBM to Acquire Red Hat in One of Biggest US Tech Deals [Video]IBM to Acquire Red Hat in One of Biggest US Tech Deals 00:53

IBM announced it's purchasing the open-source software company for $34 billion in a deal that aims to reshape the cloud computing industry.

Credit: Newsy Studio - Published

IBM To Acquire Cloud Computing Firm Red Hat [Video]IBM To Acquire Cloud Computing Firm Red Hat 00:48

In a massive deal that could reshape cloud computing, IBM is acquiring open software company Red Hat for $34 billion. The companies called the deal, which still needs approval from shareholders and..

Credit: Wochit - Published

IBM to acquire software company Red Hat for $34 billion [Video]IBM to acquire software company Red Hat for $34 billion 01:27

IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into..

Credit: Rumble - Published

Microsoft Officially Acquires Github For $7.5 Billion [Video]Microsoft Officially Acquires Github For $7.5 Billion 00:47

According to Business Insider, Microsoft has acquired the developer platform GitHub for $7.5 billion. Following the move, GitHub said it now has over 30 million developers using its platform, an..

Credit: Wochit Tech - Published


Recent related news from verified sources

HCL Tech acquires IBM’s software assets for $1.8 billion

Indian investors were not convinced about the value of the deal, and pushed the HCL Tech share price down by 5% on Friday. But some analysts said it’s too soon...
IndiaTimes - Business

HCL buys select IBM's products for $1.8 billion

HCL Technologies is buying select IBM’s software assets for $1.8 billion upping its game in security and commerce by unlocking an addressable market of $50...
IndiaTimes - Sports

HCL Technologies' shares fall 8% after company announces acquisition of select IBM software products for $1.8 bn

HCL Technologies, in a regulatory filing, said, it will acquire select IBM software products for $1.8 billion (over Rs 12,700 crore) in an all-cash deal.
Firstpost - Business

Market rebounds on easing crude, firming rupee; Asian Paints, ITC, Bajaj Auto among top gainers, HCL Tech cracks 6%

Shares of HCL Technologies opened over 6 percent lower after the company said it will acquire select IBM software products for $1.8 billion (over Rs 12,700...
Firstpost - Business

You Might Like


Tweets about this


Other recent news in Front Page

VIRGIN GALACTIC advances space tourism with successful testYemen's warring parties agree to ceasefire in HODEIDAH and U.N. role
MAY EXPECTS NO QUICK BREXIT BREAKTHROUGH AS SHE SEEKS EU HELPNRC is 'defective', nobody should try to make India another Islamic country: MEGHALAYA HC judge
Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2018 newsR / One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest