HCL Acquires German IT Major H&D International Group
IT Major, HCL Technologies has signed an agreement to acquire Germany based IT and engineering service provider H&D International Group to fuel its European expansion.
In its official statement, HCL said, This landmark deal sees HCL attain significant in-country front office and delivery capabilities and will further enhance the company's domain expertise in the global automotive sector.
Ashish Gupta, Corporate Vice President at HCL Technologies said, "Germany is a critical market for HCL as we continue to expand our business in Europe. We feel the German market is at an inflexion point and it is the right time for HCL to expand and make significant investments here."
It is interesting to note that H&D is one of the leading IT majors in German automotive industry that operates...