HCLTech software unit to acquire European firm Robotiq.ai for 9 million euros

The company will acquire 100% of the outstanding equity of Robotiq.ai to be acquired by HCL Technologies Austria GmbH, a step- down wholly owned subsidiary of HCLTech, for a cash consideration of nine million euros adjusted for customary post-closing adjustments for net debt and working capital, HCLTech, India’s third largest IT services company, said in a filing.