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HCL Tech, PE firm to buy U.S. data management firm Actian


(Reuters) - Indian IT services company Ltd and firm will buy U.S. data management firm Corp in a $330 million deal, the companies said on Thursday.

HCL will own 80 percent of and Sumeru will own the rest.

Palo Alto, California-based Actian, which also provides and analytics services, will continue to be led by

(Reporting by in Bengaluru; Editing by Sai Sachin Ravikumar)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 12 2018. 21:25 IST