Express Computer
Home  »  News  »  HCL to acquire German firm H&D International Group

HCL to acquire German firm H&D International Group

0 556

HCL Technologies (HCL) has announced that it has signed a definitive agreement to acquire Wolfsburg-based IT and engineering services provider, H&D International Group. The acquisition is part of  HCL’s long-term growth plan in Germany. This landmark deal sees HCL attain significant in-country front office and delivery capabilities and will further enhance the company’s domain expertise in the global automotive sector.

The H&D International Group is one of the largest IT service providers in the German automotive industry, and operates in over 20 locations globally including; Germany, the USA, the Czech Republic and Poland. H&D specialises in IT Infrastructure, application services particularly in R&D IT, shop floor IT and Industry 4.0 solutions and has extensive expertise in SAP, computer-aided technologies (CAx), engineering services and customer-specific product development.

H&D’s existing delivery center in Gifhorn, Germany, will become part of HCL’s global delivery footprint and will focus on IT and engineering services both in Germany and globally.

“Germany is a critical market for HCL as we continue to expand our business in Europe. We feel the German market is at an inflection point and it is the right time for HCL to expand and make significant investments here. H&D has a long-standing track record of high-quality service delivery and we are confident this will play a significant role in our continued growth in Germany.” Said Ashish Gupta, Corporate Vice President at HCL Technologies.

Commenting on the investment, Bernhard Hönigsberg, CEO of the H&D International Group, said: “By combining H&D’s delivery capabilities with those of HCL, we have an unprecedented opportunity to add tremendous value to the services we provide to support our clients’ IT transformation ambitions. Furthermore, the experience and know-how of HCL and H&D complement each other perfectly and our employees are set to benefit significantly from the new opportunities that lie ahead.”

Klaus Holzhauser, Managing Director of leading independent European research and consulting firm, Pierre Audoin Consultants (PAC) Germany, said: “HCL already has a strong presence in Germany and the automotive sector with its purchase and integration of Volvo IT and Geometric Software. Its investment in H&D strengthens its capabilities and positioning even further in two crucial regions. H&D has established a strong footprint in the German and Central European automotive markets and is the IT services provider to one of Germany’s biggest car manufacturers, making it a great investment for HCL. The portfolios of HCL and H&D are a winning combination, comprising of infrastructure and applications services as well as connected vehicle, Industry 4.0 solutions and embedded software in both the manufacturing and automotive sectors. The ability to flexibly offer onsite as well as global delivery capabilities enables HCL to effectively respond to individual client requests in the best possible way.”

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 

Stay updated with News, Trending Stories & Conferences with Express Computer
Follow us on Linkedin
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image