Saturday 22 October 2016

HCL to acquire Butler America Aerospace for $85 million

HCL Technologies announced to acquire Butler America Aerospace for USD 85 million to strengthening its position in the aerospace and defence engineering services space. Butler Aerospace provides engineering, design services and after market engineering services to US aerospace and defence customers.HCL Tech CEO Anant Gupta quits, C Vijayakumar to succeed. HCL Technologies CEO
 Anant Gupta resigned from his post on October 21 2016. Chief Operating Officer C Vijayakumar is appointed as next CEO of HCL Tech.

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