HCL Technologies Ltd.

HCL Technologies has completed the acquisition of US-based Actian Corporation in partnership with Sumeru Equity Partners (SEP).  The closing conditions, including receipt of US Government HSR (Hart-Scott- Rodino) Antitrust approvals, have been met and accordingly, the aforesaid acquisition has been completed with effect from July 17, 2018. Besides, the company had voluntarily filed for approval of CFIUS (Committee on Foreign Investment in the United States) which approval is awaited and for which certain consideration has been withheld in accordance with the agreement entered into by the company.

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