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Info-Tech - Mergers & Acquisitions


HCL Tech buys out Apollo Contact

Our Bureau

New Delhi , Dec. 23

HCL Technologies on Thursday announced the acquisition of balance 10 per cent equity in Apollo Contact Centre, Belfast of HCL Technologies BPO Services (NI) Ltd, from BT plc.

With this, HCL Technologies now has 100 per cent stake in Apollo Contact Centre, a company release said here. The company had acquired 90 per cent stake in December 2001 and structured a 90:10 joint venture with BT called HCL NI, with a clause to acquire the balance stake after 36 months.

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