Date:07/05/2008 URL: http://www.thehindubusinessline.com/2008/05/07/stories/2008050752370400.htm

Back HCL Infosystems buys Natural Tech

New Delhi, May 6

HCL Infosystems has announced the acquisition of Natural Technologies Pvt Ltd (NTPL), a niche banking software product company. NTPL with over 10 years of developing software products for Indian banking sector, has over 30 clients from PSU, private sector, cooperative sector and regional rural sector banks. Announcing the acquisition, Mr J V Ramamurthy, Chief Operating Officer of HCL Infosystems, said, "The acquisition will strengthen our range of offerings into the BFSI segment and is part of our vision of a transforming HCL." - Our Bureau