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HCL Technologies enters into definitive asset purchase agreement with Trygstad

14 Jul 2015 Evaluate

HCL Technologies has entered into a definitive asset purchase agreement to acquire certain assets of privately held Trygstad Technical Services (Trygstad), a US based provider of IT consulting services & solutions to marquee customers, in an all cash deal. With this strategic acquisition, HCL enhances its ability to provide additional value and turnkey solutions to ecosystems of large Independent Software Vendors (ISVs).

Trygstad Technical Services Inc. is a niche company with deep expertise in the areas of core engineering (including operating systems), Internet Of Things (loT), Embedded Systems and Intelligent Systems.

HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses.


Peers
Company Name CMP
TCS 2250.00
Infosys 1076.00
HCL Technologies 1255.00
Wipro 169.85
Tech Mahindra 1575.00
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