HCL acquires US-based PowerObjects for $46 mn

HCL Technologies on Thursday acquired Minneapolis-based Microsoft Dynamics customer resource management (CRM) provider, PowerObjects for $46 million. As part of the acquisition, the existing leadership team of PowerObjects will remain in place and the company’s 250 employees will be transferred to HCL. Gartner has projected that CRM will be a $36 billion market worldwide by 2017.

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