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.

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  • Kaustubh Katdare

    Kaustubh Katdare

    @thebigk • Oct 2, 2008

    $34 million margin. Hmm!

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

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  • Differential

    Differential

    @differential-0aMwAJ • Oct 2, 2008

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

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  • Mayur Pathak

    Mayur Pathak

    @mayur-ywQKfu • 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

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  • sauravgoswami

    sauravgoswami

    @sauravgoswami-UAfTlI • 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!!!

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  • Kaustubh Katdare

    Kaustubh Katdare

    @thebigk • 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!

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