HCL Technologies has announced the completion of the acquisition of Australian IT solution company – DWS. HCL tech, with this move, aims to strengthen its presence in New Zealand and Australia.
The acquisition has been completed effective January 5, 2021.
DWS Group (DWS) is an asset managers with EUR 759bn of assets under management (as of 30 September 2020). It claims to offer individuals and institutions access to its investment capabilities across all major asset classes and solutions aligned to growth trends.
DWS wants to innovate and shape the future of investing: with approximately 3,500 employees in offices all over the world.
Meanwhile, HCL Technologies (HCL) helps global enterprises with technology. HCL’s Mode 1-2-3 strategy through its deep-domain industry expertise, customer-centricity and entrepreneurial culture of ideapreneurship™ enables businesses transform into next-gen enterprises.
HCL offers its services and products through three business units – IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P). Through its co-innovation labs, global delivery capabilities and broad global network, HCL delivers holistic services in various industry verticals, categorized under Financial Services, Manufacturing, Technology & Services, Telecom & Media, Retail & CPG, Life Sciences & Healthcare and Public Services.
As of 12 months ended June 30, 2020, HCL has a consolidated revenue of US $ 9.93 billion and its 150,287 ideapreneurs operate out of 49 countries.
-AK
