India  
NewsR.in
> >

In biggest Indian IT deal, HCL Tech to buy $1.8 billion of IBM software

Reuters India Friday, 7 December 2018
In biggest Indian IT deal, HCL Tech to buy $1.8 billion of IBM softwareHCL Technologies will buy some software assets from U.S.-based IBM Corp for $1.8 billion, the companies said on Friday, marking the largest purchase ever by an Indian IT services firm.
0
shares
ShareTweetSavePostSend
 
Credit: The Street - Published < > Embed
News video: Tech M&A Actions Shows No Signs of Abating

▶ Tech M&A Actions Shows No Signs of Abating 02:44

Mergers and acquisitions in the tech space have helped fuel growth in recent years, especially as the cost of debt has remained low. In fact, over just the past four years M&A activity has totaled more than $16 billion, spearheaded by large scale tech acquisitions like the IBM and Red Hat deal....

Recent related videos from verified sources

Some employees would be millionaires after $11 billion sale of Weston-based Ultimate Software [Video]Some employees would be millionaires after $11 billion sale of Weston-based Ultimate Software 01:14

Weston-based Ultimate Software, where every employee is a stockholder, has agreed to go private for $11 billion, the company announced Monday. The deal would likely create millionaires out of many of..

Credit: NYDN tronc - Published

Vista Equity Partners to buy Mindbody in a $1.9 bln deal [Video]Vista Equity Partners to buy Mindbody in a $1.9 bln deal 01:30

Mindbody, a maker of software to help run fitness and yoga studios, agreed to be bought by private equity firm Vista Equity Partners for $1.9 billion in cash. Julia Sun reports.

Credit: Reuters Studio - Published

You Might Like


Tweets about this


Other recent news in Front Page

Many EUROPEAN NATIONS recognise Guaido as Venezuelan presidentDNA Edit: Defiling federalism - CBI episode in KOLKATA reflects constitutional breakdown
Grammy-nominated rapper 21 SAVAGE arrested, faces deportationA-G KK Venugopal files contempt petition against advocate PRASHANT BHUSHAN
Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR 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