HCL Technologies to acquire Switzerland-based Confinale for $54m

HCL Technologies to acquire Switzerland-based Confinale for $54m

HCL Technologies said that its fully-owned subsidiary — HCL Technologies UK Limited, has agreed to acquire Confinale AG, a Swiss digital banking and wealth management consulting company. The consideration for the acquisition is CHF 53 million (INR 41,242 crores or $54 million) in cash, which includes earn-outs. Established in 2012, Confinale is engaged in IT […]