HCL outbids Infy; buys Axon

Mayur
Member • Oct 2, 2008

HCL outbids Infy; buys Axon

HCL has managed to push Infosys out of the Axon race by acquiring the UK based IT services company for GBP 441 million. Axon deal gives HCL the much needed boost in its bid to acquire the European customers. This is termed as a major setback for Infy as their bid of GBP 407million was rejected yesterday.

read complete news here #-Link-Snipped-#

Replies

Howdy guest!

Dear guest, you must be logged-in to participate on CrazyEngineers. We would love to have you as a member of our community. Consider creating an account or login.

Replies

Kaustubh Katdare

Administrator • Oct 2, 2008

$34 million margin. Hmm!

So, I guess HCL forays into SAP thing? huh?

Are you sure? This action cannot be undone.
Cancel
Differential

Member • Oct 2, 2008

hmmmmm....................
Eating of small fish by big one !
I think, this is how companies become giants and then they go bankrupt !

Are you sure? This action cannot be undone.
Cancel
Mayur Pathak

Member • Oct 2, 2008

The_Big_K
$34 million margin. Hmm!

So, I guess HCL forays into SAP thing? huh?
Yep. PLus it gives them access to a multi million account-- British Petroleum

Are you sure? This action cannot be undone.
Cancel
sauravgoswami

Member • Oct 3, 2008

well it shows infosys lacks business acumen in recent past they have lost many lucrative deals and contract,i wonder how many years infosys will live!!!

Are you sure? This action cannot be undone.
Cancel
Kaustubh Katdare

Administrator • Oct 3, 2008

Hehe 😉 . All I know about Infy is that their top people are very professional. My own experience with them has been really good!

Are you sure? This action cannot be undone.
Cancel