HCL Infosystems, India’s premier information enabler, leading ICT System Integrator and Distribution Company today announced the acquisition of Natural Technologies Pvt Ltd (NTPL) a niche banking software product Company.
With 3 decades of providing ICT Infrastructure solutions and services into the BFSI sector across the country, the acquisition of niche products from NTPL, will further consolidate HCL’s leadership position in this sector.
NTPL with over 10 years of developing software products for Indian banking sector has over 30 clients from PSU, Private sector, Cooperative sector and Regional Rural sector banks.
Announcing the acquisition, Mr. J V Ramamurthy, Chief Operating Officer, HCL Infosystems said: “This acquisition will strengthen our range of offerings into the BFSI segment and is part of our vision of a “Transforming HCL”. He further added that HCL will be developing the facility at Jaipur into a Banking “Center of Excellence”. This center will build products for the Cooperative and Rural banking sector and the newly emerging financial inclusion sector.”
Commenting on the acquisition, Mr. Ripu Dhaman, Managing Director, NTPL said: “This is a major collaboration between HCL Infosystems and NTPL that will reinforce HCL’s focus on System Integration in the BFSI domain through our niche banking infrastructure and bilingual solutions. We are a niche player in the banking software-related product segment and there exist great synergies between us and HCL in the BFSI segment. NTPL’s product range will enhance HCL’s existing range of offerings.”
About HCL Infosystems
HCL Infosystems Ltd, with revenue (LTM) of US $ 3.1 billion (Rs. 12,558 Crores) is India’s premier information enabling and ICT System Integration company offering a wide spectrum of ICT products that includes Computing, Storage, Networking, Security, Telecom, Imaging and Retail. HCL is a one-stop-shop for all the ICT requirements of an organization. India’s leading System Integration and Infrastructure Management Services Organization, HCL has specialized expertise across verticals including Telecom, BFSI, E-Governance & Power. HCL has India’s largest distribution and retail network, taking to market a range of Digital Lifestyle products in partnership with leading global ICT brands, including Apple, Cisco, Ericsson, Kingston, Kodak, Konica Minolta, Microsoft, Nokia, Toshiba, and many more. HCL today has India’s largest vertically integrated computer manufacturing facility with over three decades of electronic manufacturing experience & HCL desktops is the largest selling brand into the enterprise space. With India’s largest ICT services network that reaches to every corner of India, HCL’s award winning Support Services makes it the preferred choice of enterprise and consumers alike. For more information please visit us at www.hclinfosystems.in
About HCL Enterprise
HCL Enterprise is a $ 4.9 billion leading Global Technology and IT Enterprise that comprises two companies listed in India – HCL Technologies & HCL Infosystems. The 3-decade-old enterprise, founded in 1976, is one of India’s original IT garage start-ups. Its range of offerings spans Product Engineering, Custom & Package Applications, BPO, IT Infrastructure Services, IT Hardware, Systems Integration, and distribution of ICT products. The HCL team comprises over 55,000 professionals of diverse nationalities, who operate from 18 countries including 360 points of presence in India. HCL has global partnerships with several leading Fortune 1000 firms, including leading IT and Technology firms. For more information, please visit www.hcl.in