mayurpathak
mayurpathak
Branch Unspecified
03 Oct 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 Axon plumps for HCL Technologies’s offer - Times Online
10 years ago
$34 million margin. Hmm!

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

Differential

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

mayurpathak

Branch Unspecified
10 years ago
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
sauravgoswami

sauravgoswami

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

Share this content on your social channels -

Only logged in users can reply.