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HCL announces Intent to Acquire leading Australian IT Solutions Company DWS Ltd

HCL announces Intent to Acquire leading Australian IT Solutions Company DWS Ltd

New Delhi, Sep 21 (UNI) HCL Technologies, (HCL), a leading global technology company, on Monday announced its intent to acquire leading Australian IT, business and management consulting group 'DWS Limited'.

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.

The DWS Group, with FY20 revenue at A$ 167.9 million, provides a wide range of IT services

including Digital Transformation, Application development and support, Program and Project Management and Consulting.

The acquisition of DWS will strongly enhance HCL’s contribution to Digital initiatives in Australia and New Zealand while strengthening HCL’s client portfolio across key industries.

“We are excited for this expansion of HCL Technologies in Australia and New Zealand and are

confident that our combined strengths will further accelerate the digital transformation journeys of our

clients and innovations for their end customers,” said Michael Horton, Executive Vice President;

Country Manager, Australia ; New Zealand, HCL Technologies.

“HCL has invested in the region forover 20 years and is committed to enabling digitilisation and growing the local ecosystem. DWS has forged a sterling reputation, powered by highly talented consultants who enable organizations to be at the cutting edge of technology. We look forward to welcoming the DWS team to HCL and creating enhanced global learning and career opportunities for them.”

“We are delighted the DWS team is joining HCL. As a leading name in the global technology industry

and with over 150,000 employees across 49 countries, they bring best in class technology

capabilities, global scale and a wide network of clients and partners across industries,” said Danny

Wallis, CEO and Managing Director, DWS.

HCL currently employs 1600 people in major cities, including Canberra, Sydney, Melbourne,

Brisbane, and Perth. HCL has been delivering ground-breaking technology solutions to some of the

region’s largest companies and looks forward to strengthening its unique delivery model and

differentiated offerings in the region.

UNI RSA SB 1505

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