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HCL Technologies to acquire Quest Informatics

09 May 2022 Evaluate

HCL Technologies through its wholly-owned subsidiary is planning to acquire, a Bengaluru-based Quest Informatics (Quest) - an aftermarket, Industry 4.0 and IoT company, in an all-cash deal. Quest will help expand HCL Technologies’ Industry 4.0 offerings into the fast-growing aftermarket space. Quest's suite of aftermarket solutions and products will be valuable to transportation and manufacturing clients globally in their digital transformation journey.

Quest currently serves more than 40 global leaders in the aftermarket space with its cloud-enabled aftermarket ERP, field services management, and digital parts catalog product suites. Aftermarket digital spending is one of the fast-growing segments in the transportation and manufacturing industries.

HCL Technologies is a leading global IT services company that helps global enterprises reimagine and transform their businesses through digital technology transformation.

Peers
Company Name CMP
TCS 2496.00
Infosys 1182.00
HCL Technologies 1428.00
Wipro 198.00
Tech Mahindra 1792.20
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