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Hcl Eas

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HCL sees robust growth in Europe

In 2008, HCL Technologies acquired United Kingdom-based consulting firm Axon, in what was the largest acquisition by an Indian IT company.HCL Axon President Steve Cardell, who was earlier the Axon......

HCL to repay part of $585 mn Axon debt

Software exporter HCL Technologies said Wednesday it will repay a part of the $585 million debt it had taken for acquiring UK-based Axon last year from its current cash balance and through a fresh......

Axon board to vote in favour of HCL Tech

The UK-based SAP consultancy Axon Group's directors have entered into irrevocable undertakings with HCL EAS - a wholly-owned subsidiary of Indian IT services provider HCL Technologies - to vote or......

HCL Tech purchases 6.71 mn Axon shares

HCL Technologies has begun the process of acquiring UK-based SAP player Axon. HCL Tech has purchased 6.71 million shares from the open market, representing 10.43 per cent of Axon's total paid-up......

Race is on, Axon may prove to be a winner's curse

The acquisition battle for UK-based consulting firm Axon is far from over with markets expecting Infosys Technologies to make a counter bid and HCL Technologies to up its stake again. A 700-750......

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