01.06.2022

HCL Technologies acquires Confinale

Niederer Kraft Frey advised HCL Technologies on the acquisition of Confinale AG and its international subsidiaries.

HCL, Noida, India, is a next-generation global technology company that helps enterprises reimagine their businesses for the digital age. Its technology products, services and engineering are built on four decades of innovation, with a world-renowned management philosophy, a strong culture of invention and risk-taking, and a relentless focus on customer relationships. With a worldwide network of R&D, innovation labs and delivery centers, and 209’000+ “Ideapreneurs” working in 52 countries, HCL Technologies generated USD 11.5 billion revenue in the last financial year.

Confinale AG, Zug, Switzerland, combines banking expertise with software competence, making it the perfect partner for digitization projects at banks.

The NKF team was co-led by M&A partners Moritz Maurer and Patrik Peyer working with associates Alexander Göbel, Katalin Siklosi and Jamie Lee Mancini, junior associates Noëmi Birchler and Yannik Bleiker (all M&A/Corporate), partner Nicolas Birkhäuser (Antitrust/Competition/FDI), counsel Janine ReudtDemont (Data Protection), senior associate Simon Bühler (Regulatory) and associates Annina Fey and Daniela Lötscher (both Employment).