HCL Technologies Ltd.

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HCL Technologies acquires 51% stake in Gesellschaft fur Banksysteme

Date: 07-01-2022

HCL Technologies has completed the acquisition of 51 per cent stake in German IT consulting company Gesellschaft fur Banksysteme GmbH (GBS). In December, HCL Technologies had announced that it will acquire 51 per cent stake in GBS. The total purchase price of the transaction is 99,000 euros (about Rs 84.4 lakh).

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