Categories

Experts flag HCL’s $200-million debt

Failure shop India Inc outsourcer HCL is raising $200 million in debt to buy up dying IBM’s IP assets.

When you can’t produce anything on your own, you simply buy up what others created.

After of course, you’ve already invaded them and destroyed their business.

https://economictimes.indiatimes.com/tech/ites/experts-flag-hcls-200-million-debt-plan/articleshow/69300112.cms

IT firm plans to raise funds in debt to part-fund its IBM IP assets acquisition.

India Becoming a Crucial Cog in the Machine at I.B.M.

Not quite “cruicial” now were they?