M&A Deal Summary

HCL Technologies Acquires Starschema

On January 14, 2022, HCL Technologies acquired information technology company Starschema

Acquisition Highlights
  • This is HCL Technologies’ 8th transaction in the Information Technology sector.
  • This is HCL Technologies’ 1st transaction in Hungary.

M&A Deal Summary
Date 2022-01-14
Target Starschema
Sector Information Technology
Buyer(s) HCL Technologies
Deal Type Add-on Acquisition

Target

Starschema

Budapest, Hungary
Starschema is a provider of data engineering services, based in Budapest, Hungary. Starschema provides consulting, technology and managed services in data engineering to companies in the US and Europe.

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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 19 of 22
Sector (Information Technology) 8 of 10
Type (Add-on Acquisition) 15 of 18
Country (Hungary) 1 of 1
Year (2022) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-08 gbs

Ratingen, Germany

gbs is an IT consulting company in the banking technology environment. gbs was founded in 2010 and is based in Ratingen, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-06 Confinale

Zug, Switzerland

Confinale is a digital banking and wealth management consulting specialist who focuses on IT consulting in key specialist areas in the banking and wealth management sector. Confinale was founded in 2012 and is based in Zug, Switzerland.

Buy -
Mergr

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