HCL tech acquires Australian IT firm DWS for $115.8 million

HCL Technologies has acquired the Australian IT firm DWS Ltd for $115.8 million in a bid to further expand its digital offerings especially in Australia and New Zealand.
The DWS Group closed FY 2020 with revenues of $ 122.9 million and has over 700 employees with operations in Melbourne, Sydney, Adelaide, Brisbane, and Canberra. It provides a wide range of IT services including digital transformation, application development and support, programme and project management and consulting.