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Article: BRIEFING - ASIA INFORMATION TECHNOLOGY - DEC 16, 2008.

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AsiaPulse News
Article date:
December 16, 2008
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An executive briefing on information technology for Dec 16, 2008, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

HCL ACQUISITION AXON TO PURSUE DEALS WORTH US$1.2 BLN

NEW DELHI - India's fifth largest software exporter HCL Technologies (BSE:532281) on Tuesday completed the acquisition of UK-based firm Axon in a 441 million-pound (US$675 million) deal and the new entity would pursue deals worth US$1.2 billion.

Talking about the the largest acquisition by an Indian IT firm overseas, HCL Technologies CEO Vineet Nayar said, "The current ...

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