BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Sony
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TCS
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HP
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HCL
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Detailed explanation-1: -India’s fourth largest IT firm, HCL Technologies is set to acquire 7 IBM products. The company plans to shell out $1.8 billion (Rs 12, 700 crore) in an all-cash deal to acquire the selected products.
Detailed explanation-2: -HCL Tech buys select assets of IBM for $1.8 billion | The Financial Express.
Detailed explanation-3: -In the biggest-ever tech purchase by an Indian company, HCL is paying $1.8 billion, nearly one-fifth of its annual revenue, to acquire a range of tools from IBM. These include the former Lotus Notes product and its Domino off-shoot and workstream collaboration tool Connections, which were rebranded as IBM products.
Detailed explanation-4: -Conferred with NASSCOM Customer Excellence Award.