M&A Deal Summary

HCL Technologies Acquires Geometric

On April 1, 2016, HCL Technologies acquired software company Geometric

Acquisition Highlights
  • This is HCL Technologies’ 2nd transaction in the Software sector.
  • This is HCL Technologies’ 2nd transaction in India.

M&A Deal Summary

Date 2016-04-01
Target Geometric
Sector Software
Buyer(s) HCL Technologies
Deal Type Add-on Acquisition

Target

Geometric

Mumbai, India
Geometric Ltd. is a provider of cost-effective, end-to-end product lifecycle management (PLM) services to the global mechanical design, manufacturing and industrial markets.Geometric was incorporated as a division of Godrej & Boyce before focused effort was put on the potential of PLM. Over time, Geometric has worked with all major PLM products companies and has strong domain expertise in engineering space.

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Buyer(S) 1

Buyer

HCL Technologies

Noida, India

Category Company
Founded 1976
Sector Information Technology
Employees222,270
Revenue 1.10T INR (2024)
DESCRIPTION

HCL Technologies is a large IT services company. The Company’s services portfolio includes application development and maintenance, package implementation services, engineering and R&D services, infrastructure management services and business process outsourcing services. It has a large active client base across banking, financial services and insurance, manufacturing, telecom, retail, media and healthcare verticals. HCL Technologies was founded in 1976 and is based in Noida, India.


DEAL STATS #
Overall 9 of 22
Sector (Software) 2 of 3
Type (Add-on Acquisition) 9 of 18
Country (India) 2 of 3
Year (2016) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-25 Point to Point

Wokingham, United Kingdom

Point to Point Ltd. is a provider to end-user cloud solutions design, implementation and delivery specialists.

Buy £8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-21 Butler America Aerospace

Santa Barbara, California, United States

Butler America Aerospace LLC is a provider of engineering, design services and aftermarket engineering services to US Aerospace and Defense customers. Butler America Aerospace LLC is headquartered in Santa Barbara, California.

Buy $85M