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The scheme of amalgamation provides for merger of Wipro Technologies Austria GmbH, Wipro Information Technology Austria GmbH, Newlogic Technologies SARL and Appirion India Cloud Solutions Private Limited with Wipro Limited.

HCL Technologies Ltd will acquire Australian information technology and business consulting company DWS Ltd. The acquisition is subject to regulatory approvals and is expected to complete by December this year.

Hostile Takeover in Information Technology(IT) service business is an unprecedented event, and such a transaction may send a shockwave to the corporate governance and takeover norms in our country.

In November 2017, Qube Cinema Technologies and UFO Moviez announced the merger of their businesses. Even after part of the scheme was approved by the Chennai NCLT bench, the scheme was rejected by the Mumbai NCLT in the last week of January 2019.

Infosys Ltd is on an acquisition spree as it has set its sights on the next goal to become the industry bellwether once again. Infosys has acquired three companies abroad clearly demonstrating the company's commitment to complement its present services to its clients and fill the technology gap.