Acquisition of Hungary’s Starschema

Acquisition of Hungary’s Starschema

Question : Which of the following has recently(January 2022) agreed to acquire Budapest-based Starschema for 42.5 million dollar ?
a. HCL Technologies
b. TCS
c. Infosys
d. Tech Mahindra
Ans. a.
Related facts —

  • HCL Technologies has recently(January 2022) agreed to acquire Budapest-based Starschema for 42.5 million dollar.
  • This move aims to to bolster its data engineering services and presence in Central and Eastern Europe.
  • The transaction is expected to close in March 2022.
  • Acquirer will now be able to offer data engineering consulting and near-shore access to digital engineering services to a wider base of clients.
  • Starschema —
  • It provides consulting, technology and managed services in data engineering to Global 2000 companies in the US and Europe.

By – Pankaj Pandey

Link:
https://economictimes.indiatimes.com/tech/information-tech/hcl-technologies-acquires-hungarys-starschema-for-42-5-million/articleshow/88899726.cms