HCL Technologies (HCL) has concluded the acquisition of Butler America Aerospace, LLC (Butler Aerospace) with effect from January 3, 2017. Butler Aerospace is a provider of engineering, design services and aftermarket engineering services to US Aerospace and Defense customers. Butler Aerospace is a wholly owned subsidiary of Butler America LLC.
Earlier in October, the company had entered into an agreement to acquire Butler Aerospace. Butler Aerospace had revenues of $85.4 million for the year ending December 31, 2015 at EBIT of 12.2%.
HCL Technologies is a software solutions company. Its services include application development, management, business process outsourcing, business analytical services, information technology infrastructure management, business assurance and testing, cloud computing, customer relationship management, mechanical engineering, network services, supply chain management, and system integration services.
Company Name | CMP |
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TCS | 3895.85 |
Infosys | 1425.15 |
HCL Tech. | 1316.25 |
Wipro | 451.35 |
Tech Mahindra | 1262.40 |
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