HCLTech to acquire Robotiq.ai for 9 million euros.
- HCLTech will acquire 100% of Robotiq.ai.
- The buyer is HCL Technologies Austria GmbH, a step-down subsidiary of HCLTech.
- Cash consideration is nine million euros, adjusted for post-closing net debt and working capital.
- The information comes from a filing by HCLTech, which identifies the buyer as India’s third largest IT services company.