Certificate of Amalgamation. As a result of the appreciation of the dollar against the U.K. pound, HCL paid $658 million on closure of the deal, which was far lower than the estimated $800 million it looked like it would pay in September, he added. HCL Axon, formerly Axon Group PLC is a business transformation consultancy that designs, implements and supports solutions to business issues faced by organizations. Indian outsourcer HCL Technologies has completed its £441 million (US$658 million) cash offer for Axon Group, an SAP consulting company in the U.K. and Axon will be delisted from the London Stock Exchange Tuesday. From 2009, the entire revenue will start getting reflected. Originally a research and development division of HCL, it emerged as an independent company in 1991 when HCL entered into the software services business. 100 (244) 1,944 (308) 228 2,363 (362) HCL Axon (Pty) Ltd. 100 783 2,046 62 803 45 116 Axon Solutions Limited 100 4,180 14,668 754 3,759 14,364 216 With the sub-prime crisis affecting the global IT sector HCL's merger with Axon is an opportunity for the company to increase revenue, consolidate its enterprise application business and widen its geographical spread on an international scale. The Company’s operations include business consulting, solutions implementation, applications management, and … The net profit margin of Hcl … Find related and similar companies as well as employees by title and much more. TECHNOLOGIES HCL AXON INC. 2019-08-23 to Present HCL CANADA INC. Latest At HCL. Axon also has some key clients … HCL Axon Arizona City, AZ 85123, USA Associate SR Number HCLI/HCLI/2020/ Country USA No. View HCL Enterprise (www.hcl.com) location in Uttar Pradesh, India , revenue, industry and description. HCL Technologies's key executives are C Vijayakumar, Shiv Nadar and Apparao V V. How many employees does HCL Technologies have? This is the HCL Technologies company profile. HCL signed 15 transformational deals, led by key industry verticals including life sciences and healthcare, public services (energy & utilities) and manufacturing. Certificates and Filings. Find related and similar companies as well as employees by title and much more. We use cookies on our site. Indian outsourcers are expanding in Europe to reduce their dependence on the U.S., their largest market. There was a total growth of 6.64% in Hcl Axon Malaysia Sdn. HCL did not, however, disclose how much it expects Axon business to add to its annual revenue. HCL and IBM expand alliance to help organizations with digital transformation. The principal address is 83 Yonge Street, Suite 200, Toronto, ON M5C 1S8. View HCL Technologies (www.hcltech.com) location in Uttar Pradesh, India , revenue, industry and description. 55 HCL Technologies reviews in Canada. hcl-axon.com uses n/a web technologies. HCL Technologies Limited, is an Indian multinational information technology (IT) services and consulting company headquartered in Noida, Uttar Pradesh, India.It is a subsidiary of HCL Enterprise. But, once the two companies came together, HCL Tech was pulling AXON into every deal by deploying high-priced consultants. The deal combines Axon's expertise in business consulting with HCL's other services for the SAP market delivered at a lower cost from India, Pai added. HCL Technologies SWOT Analysis; HCL Technologies Strengths: Below are the Strengths in the SWOT Analysis of HCL Technologies: 1. Bhd. The deal will help HCL grow its business in Europe, Pai said. In 2008, HCL Technologies acquired UK-based consulting firm Axon, in what was the largest acquisition by an Indian IT company. HCL did not, however, disclose how much it expects Axon business to add to its annual revenue. The Company provides informational technology infrastructure management, software engineering, data … Originally a research and development division of HCL, it emerged as an independent company in 1991 when HCL entered into the software services business. Bhd. Such platforms help HCL charge far higher fees for its comprehensive services. Consistent revenue growth 3. HCL Axon President Steve Cardell, who was earlier the Axon CEO before the deal, talks to Piyali Mandal about how the move HCL Technologies Fourth Quarter & Annual Results FY 2008-09 HCL America, Inc. offers computer programming services. HCL Axon will have 4,500 SAP consultants, with 1,700 of them from HCL, Nayar said. Around 1,700 people from Axon’s current SAP practice, including sales and delivery will join HCL through the reverse merging of HCL’s SAP practice with Axon. The merger would be the largest overseas acquisition by an Indian IT company. HCL SAP Practice | 37,689 followers on LinkedIn | Transform Experience. In 2018, the company reported a net sales revenue drop of 0.1%. This is the HCL Technologies company profile. The incorporation date is January 1, 1970. 100 (244) 1,944 (308) 228 2,363 (362) HCL Axon (Pty) Ltd. 100 783 2,046 62 803 45 116 Axon Solutions Limited 100 4,180 14,668 754 3,759 14,364 216 There are 606 companies in the HCL Canada Inc corporate family. The October-December quarter will reflect 15 days' revenue from the new entity. HCL Technologies Presents at the 23rd Annual CITIC CLSA India Forum 2020. HCL Technologies Limited, is an Indian multinational information technology (IT) services and consulting company headquartered in Noida, Uttar Pradesh, India.It is a subsidiary of HCL Enterprise. Latest HCL Technologies annual revenue is ₹706.8 b. Established in 1976 as one of India’s original IT garage start-ups, HCL is a pioneer of modern computing with many firsts to its credit, including the introduction of the 8-bit microprocessor-based computer in 1978 well before its global peers. The merger will allow HCL to address the about $23 billion market per year for SAP services, said Vineet Nayar, CEO of HCL in a conference call Monday. The Company has adopted this change from current financial year and accordingly, the current financial year of the Company is for nine months period from 1st July 2015 to 31st March 2016. of Positions 1 Auto req ID BR Experience 4.5-8 Years Skill (Primary) Technical Skills-SKU - PM-Associate Project Manager (ASM) Qualification B.E Location Arizona Employee Group Contract Job Description (Posting). For desktop/laptop related queries or complaints, visit http://www.hclinfosystems.in. HCL Technologies Positioning: IT solutions and IT products with better quality at lower price. HCL did not, however, disclose how much it expects Axon business to add to its annual revenue. All content is posted anonymously by employees working at HCL Technologies. PM II 6 month contracts. HCL outbid Infosys in September when it announced that it had made a cash offer for Axon that valued its entire issued and to-be-issued share capital at £441.1 million. Transform Business. All content is posted anonymously by employees working at HCL Technologies. View HCL Technologies (www.hcltech.com) location in Uttar Pradesh, India , revenue, industry and description. Read our, Learn more about PCWorld's Digital Editions. HCL Canada Inc has 100 total employees across all of its locations and generates $1.29 billion in sales (USD). ℹ️ hcl-axon.com receives about 527 unique visitors per day, and it is ranked 601,984 in the world. HCL reported a revenue of $7.6 billion in the last 12 months — and Actian that has lagged behind database majors like IBM and Oracle will now have access to HCL Technologies cloud-native consulting services, IoT and digital applications, and automation and orchestration. PCWorld helps you navigate the PC ecosystem to find the products you want and the advice you need to get the job done. HCL Axon will have 4,500 SAP consultants, with 1,700 of them from HCL, Nayar said. HCL Technologies was founded in 1991. Who are HCL Technologies key executives? HCL America, Inc. offers computer programming services. Strong revenue growth at 4.5% QoQ in constant currency accompanied with expansion in margins on both YoY and QoQ basis. Oct 01, 2020. Axon gets about 55 percent of its revenue from the U.K., with North America accounting for 34 percent of revenue. Free and open company data on Canada company HCL CANADA INC. (company number 8220859), 83 Yonge Street, Suite 200, Toronto, ON, M5C 1S8 Please read more about them here. The enterprise was incorporated on November 26, 1997. With the addition of Axon, which does business as HCL AXON, EAS is expected to account for about a quarter of HCL’s revenues. HCL Axon will have 4,500 SAP consultants, with 1,700 of them from HCL, Nayar said. HCL Canada Inc is located in Mississauga, ON, Canada and is part of the Computer Software Industry. HCL Group. Certificates and Filings. HCL Technologies Fourth Quarter & Annual Results FY 2008-09 1. Acquisition of Axon enables company to offer full SAP services All content is posted anonymously by employees working at HCL Technologies. Hence, the figures for the current financial year are not comparable to those of the previous year. The October-December quarter will reflect 15 days' revenue from the new entity. HCL’s offer to pay 650 pence in cash for each Axon share compares with a bid of 600p from India’s Infosys Technologies that valued Axon at around 407 million pounds. C Vijaykumar, President & CEO, HCL Technologies on the technology opportunities in the post-pandemic world. HCL Tech Q4 Results 2018: IT firm HCL Technologies today posted a 9.8 per cent decline in consolidated net profit at Rs 2,230 crore for the quarter ended March 2018 compared to … The merger would be the largest overseas acquisition by an Indian IT company. But, once the two companies came together, HCL Tech was pulling AXON into every deal by deploying high-priced consultants. HCL did not, however, disclose how much it expects Axon business to add to its annual revenue. 2012-07-01 Corporations amalgamated: 6623221 AXON SOLUTIONS (CANADA) INC. 7065531 HCL TECHNOLOGIES CANADA INC. HCL funded the transaction in U.S. dollars, Nayar said. Find more data about hcl axon. HCL AXON is a UK-based consultancy which sells its services to customers using SAP and Oracle as their Enterprise Resource Planning (ERP) system modeling tools. What is HCL Technologies revenue? hcl-axon.com links to network IP address 195.153.131.94. This is the HCL Technologies company profile. The purchase of Axon will not, however, significantly change the IT services outsourcing landscape, Pai said. The revenue earned by Indian outsourcers from the SAP services market was only about $1.5 billion in a year, because they did not have the consulting capabilities to help customers transform their businesses, he added. The Company provides informational technology infrastructure management, software engineering, data … 2012-07-01 Corporations amalgamated: 6623221 AXON SOLUTIONS (CANADA) INC. 7065531 HCL TECHNOLOGIES CANADA INC. HCL Axon Malaysia Sdn. Certificate of Amendment Footnote * … Axon shot into prominence in August when Infosys Technologies, India's second largest outsourcer, announced that it had made a cash offer to acquire Axon in a deal valued at £407.1 million. Broad based performance in Q2 with all growth engines firing. Section 2(41) of the Companies Act, 2013 requires all companies to have their financial year ending on 31st March. HCL CANADA INC. (Corporation# 8220859) is a federal corporation entity registered with Corporations Canada. Ended June, 2020, Distribution of Shareholding Pattern as on June 30, 2020, Q1 ’21 Earnings Conference Call Transcript, Distribution of Shareholding Pattern as on Sep 30, 2020, Operating Cash Flow (OCF) / Net Income (NI). Read More . Glassdoor gives you an inside look at what it's like to work at HCL Technologies, including salaries, reviews, office photos, and more. A free inside look at company reviews and salaries posted anonymously by employees. Association with Major Brands 2. Note: When you purchase something after clicking links in our articles, we may earn a small commission. All the Geographies / Segments / Verticals return to smart positive sequential growth. Find related and similar companies as well as employees by title and much more. Bhd.’s total assets over the same period. That year it also bought Control Point Solutions, a provider of expense management services to the telecommunications industry, for about $21 million. From 2009, the entire revenue will start getting reflected. As a result of the skills brought by the Axon team, the new combined entity, HCL Axon, will pursue business of about $1.2 billion, Nayar said. Certificate of Amalgamation. With the sub-prime crisis affecting the global IT sector HCL's merger with Axon is an opportunity for the company to increase revenue, consolidate its enterprise application business and widen its geographical spread on an international scale. Revenue at US$ 2,507 mn; up 6.4% QoQ & 0.8% YoY; Revenue in Constant Currency; up 4.5% QoQ & down 0.4% YoY; EBITDA margin at 26.6%; EBIT margin at 21.6%; Net Income at US$ 424 mn; up 9.7% QoQ & 12.7% YoY; Know More HCL Technologies has 150,423 employees. HCL Axon will have 4,500 SAP consultants, with 1,700 of them from HCL, Nayar said. HCL Axon Malaysia Sdn. Read more about Q&A: Steve Cardell, President, HCL Axon on Business Standard. Glassdoor gives you an inside look at what it's like to work at HCL Technologies, including salaries, reviews, office photos, and more. The move by HCL reflects a trend for IT services companies to merge to aim to become full-service providers, said Siddharth Pai, a partner at outsourcing consultancy firm, Technology Partners International (TPI). Glassdoor gives you an inside look at what it's like to work at HCL Technologies, including salaries, reviews, office photos, and more. Axon's skills complement HCL's capabilities in the areas of application maintenance and infrastructure management, said Ram Krishna, corporate vice president and head of enterprise application services at HCL. TECHNOLOGIES HCL AXON INC. 2019-08-23 to Present HCL CANADA INC. Previously listed on the London Stock Exchange, and a FTSE 250 Index constituent, the company has been a subsidiary of Indian outsourcing firm HCL Technologies since December 2008, after the reverse merger of Axon Group and HCL SAP practice. Copyright © 2020 IDG Communications, Inc. 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