HCL Technologies is acquiring Mumbai-headquartered firm Geometric in a share-swap deal valued at $190 million..This will mark the company’s third and largest acquisition in the engineering sector so far, reports ET..Cyril Amarchand Mangaldas acted for HCL with a team led by Bangalore Corporate Partner Nivedita Rao along with Mumbai Partner Smruti Shah and Delhi Partner Harsh Kumar. Mumbai Competition Partner Nisha Kaur Uberoi advised on competition law aspect..J. Sagar Associates advised Geometric with a team led by Partner Vikram Raghani along with Partner Gautam Gandotra..The transaction will help HCL, the country’s fourth largest information technology (IT) firm, increase its business in the engineering services space, according to Mint.
HCL Technologies is acquiring Mumbai-headquartered firm Geometric in a share-swap deal valued at $190 million..This will mark the company’s third and largest acquisition in the engineering sector so far, reports ET..Cyril Amarchand Mangaldas acted for HCL with a team led by Bangalore Corporate Partner Nivedita Rao along with Mumbai Partner Smruti Shah and Delhi Partner Harsh Kumar. Mumbai Competition Partner Nisha Kaur Uberoi advised on competition law aspect..J. Sagar Associates advised Geometric with a team led by Partner Vikram Raghani along with Partner Gautam Gandotra..The transaction will help HCL, the country’s fourth largest information technology (IT) firm, increase its business in the engineering services space, according to Mint.