HCL Intends to Acquire DWS to Expand Markets in Digitalization

HCL Technologies (HCL), recently announced its intention to acquire a 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, this acquisition will strongly enhance the company's contribution to digital initiatives in Australia and New Zealand while strengthening its client portfolio across key industries.

DWS, with more than 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, offers a wide array of IT services including Digital Transformation, Application development & support, Program & Project Management, and Consulting.

“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,” expressed Michael Horton, Executive Vice President & Country Manager, Australia & New Zealand, HCL Technologies. “HCL has invested in the region for over 20 years and is committed to enabling digitalization and growing the local ecosystem. DWS has forged a sterling reputation, powered by 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.

Expressing his views in sync Danny Wallis, CEO & Managing Director, DWS, shared, “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. This acquisition represents an outstanding outcome for all DWS stakeholders: shareholders, employees, clients and other business partners.”

 For more information: www.hcltech.com