HCL to acquire US-based Butler Aerospace for $85 mn
IT services firm HCL Technologies has said it will acquire Butler America Aerospace for $85 million (₹568 crore) in cash. Butler Aerospace provides engineering, design services, and aftermarket engineering services to US aerospace and defence customers. The acquisition will bolster HCL's capabilities in this space and access to clients with large R&D spends, HCL said in a statement.