HCL Technologies to Acquire Confinale AG

May 9, 2022

HCL Technologies UK Limited has signed a definitive agreement to acquire Confinale AG, a Switzerland-based digital banking and wealth management consulting specialist and Avaloq Premium Implementation Partner. The deal is intended to strengthen HCL’s capabilities in Avaloq consulting, implementation, and lifecycle management for global wealth management clients.

Buyers
HCL Technologies UK Limited, HCL Technologies
Targets
Confinale AG
Location
Switzerland
Transaction Type
Buyout

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