Announced

Completed

PCCW Solutions completed acquisition of HCL Insys for $30m.

Synopsis

PCCW Solutions, an IT services flagship of PCCW, completed the acquisition of HCL Insys, an IT solutions and outsourcing service provider, offering managed services including end-user computing, data center, service desk and networking solutions for customers in Singapore, from HCL Infosystems, a distribution and IT services and solutions company, for $30m. The joint team will deliver end-to-end IT services, ranging from application development, system integration to digital solutions, and capture opportunities across industries. In addition, the synergies created will further strengthen PCCW Solutions’ overall capabilities in infrastructure, cloud and automation across the region. “The transaction is a milestone for PCCW Solutions as we continue to expand our Southeast Asia business. The complementary businesses enhance our presence, capabilities and reach, enabling PCCW Solutions to offer integrated solutions and accelerate growth,” Ramez Younan, PCCW Solutions Managing Director.

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