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Source:- IBEF

“HCL Technologies (HCL) announced to acquire DWS Limited, an Australian IT, business and management consulting group. The transaction is expected to be completed in December 2020, subject to regulatory approvals. The acquisition aims at enhancing HCL’s contribution to digital initiatives in Australia and New Zealand while strengthening HCL’s client portfolio across key industries.

DWS, has ~700 employees and offices in Melbourne, Sydney, Adelaide, Brisbane, and Canberra. The company provides a range of IT services to clients across verticals.

Mr Michael Horton, executive vice-president & country manager, Australia & New Zealand, HCL Technologies stated that the companies’ combined strengths will further accelerate the digital transformation journeys of its clients and innovations for end customers.

HCL currently employs 1,600 employees in cities, including Canberra, Sydney, Melbourne, Brisbane, and Perth. It is committed to enabling digitalization and growing the local ecosystem.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.”