3 Point Analysis | HCL-IBM Deal: More questions than answers
Tuesday, December 11, 2018 IST
Sakshi Batra does a 3 point analysis of the deal and what does it mean for HCL Technologies.
In continuation of its inorganic growth strategy, HCL Technologies has announced that it is acquiring select IBM software products for $1.8 billion.
The acquisition which is the largest in the history of HCL, is expected to close by mid-2019.
HCL had existing IP partnership in the majority of these products and hence the incremental revenue contribution will be limited. The large size of the deal will use up the entire cash that the company has and it may resort to borrowings to facilitate the closure of the transaction.
Sakshi Batra does a 3 point analysis of the deal and what does it mean for HCL Technologies.
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