HCL Tech for a string of acquisitions: CEO

Last year the company had acquired four companies,including one in the telecom sector,and plans to do the same in the coming months.

8220;Our acquisition strategy,going forward,is going to be the same. Wherever we see that gap,whether it is healthcare or lifesciences8230; those acquisitions will help us deliver the business,8221; Nayar said.

He said companies are still on the cost cutting mode,while vendors want to retain margins,and in this scenario HCLT sees a big opportunity that can open many more doors for business.

HCL Technologies is a leading global IT services company,working with clients in areas that impact and redefine the core of their businesses.

The company focuses on 8216;transformational outsourcing8217;,underlined by innovation and value creation,and offers integrated portfolio of services,including software-led IT solutions,engineering and research and development services and BPO.

As on 30 September 2009,the company,along with its subsidiaries,had consolidated revenues of USD 2.3 billion Rs 11,270 crore.