PowerObjects Has Been Acquired by HCL Technologies

HCL Technologies (NSE: HCLTECH), a Sunnyvale, CA based global IT services provider, acquired Minneapolis, MN based PowerObjects, a leading North American provider of Microsoft Dynamics CRM, for a total cash consideration of approximately $46 million. The acquisition bolsters HCL’s global applications business, which offers transformational programs and complex application management for a myriad of clients’ technology landscapes.

Tamarack Partners provides M&A advisory services to owners of lower middle market companies. For more information on this transaction or to speak with one of our transactional advisors about your business, Contact Us.

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