HCL Technologies Limited (NSEI:HCLTECH) signed a definitive agreement to acquire Starschema Ltd. for $42.5 million on January 14, 2022. Starschema generated revenue of at $13.6 million for the year ended December 31, 2020. The transaction is subject to regulatory clearance from the Hungarian Ministry of Innovation and Technology and is expected to close in March 2022.

HCL Technologies Limited (NSEI:HCLTECH) completed the acquisition of Starschema Ltd. on April 2, 2022. 7 Mile Advisors, LLC acted as financial advisor to Starschema in the transaction.