Friday, February 22, 2008

HCL Tech buys US-based CapitalStream for $40 m

HCL Tech buys US-based CapitalStream for $40 m

All-cash deal to help company to enhance role in financial services

20 Feb 2008

HCL Technologies Ltd, India’s fifth largest IT services company, on Wednesday acquired US-based CapitalStream Inc, in an all-cash deal of about $40 million, to enhance its presence in financial services sector.

http://www.thehindubusinessline.com/2008/02/21/stories/2008022151220400.htm

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