HCL Technologies Completes Acquisition Of Australia-Based DWS, Shares Gain

Shares of HCL Technologies rose as much as 1.61 per cent to hit an intraday high of ₹ 995.35 on the BSE after the company informed exchanges that it has completed the acquisition of Australia-based IT solutions company, DWS Limited. The Noida-based information technology company had in September 2020 announced its intention to acquire DWS Limited.

“DWS Limited is a leading Australian IT, business and management consulting group. As the IT industry continues to evolve and the growing demand for digital strategies increases, DWS, with over 700 employees and offices in Melbourne, Sydney, Adelaide, Brisbane, and Canberra, delivers business and technology innovation to large clients across a spectrum of verticals,” HCL Technologies had said in a press release in September.

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