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HCL Infosystems and Tikona partners

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VoicenData Bureau
New Update

HCL Infosystems India and Tikona Digital Networks Limited (Tikona) are on a strategic partnership. Tikona will have hold on the entire equity stake of HCL Infinet Limited, a wholly owned subsidiary of HCL Infosystems. The sale of shares is subject to and shall be given effect post necessary regulatory approvals. The move comes as a part of HCL Infosystems' transformation strategy under which the company will be further strengthening its core business and expanding into identified growth areas. HCL has also completed two acquisitions in the past few months to expand its geographical presence. This step can be viewed as the company further consolidating and strengthening its IT service offerings.

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