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| Exchange Received Time 18/07/2018 13:36:09 Exchange Disseminated Time 18/07/2018 13:36:16 Time Taken 00:00:07 | Sub: Updates - HCL Technologies and Sumeru Equity Partners acquire Actian Corporation
Dear Sir,
This is further to our letter dated April 12, 2018 wherein the Company had intimated the acquisition of Actian Corporation and a disclosure in terms of Regulation 30(4) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015 was submitted.
We would like to inform you that the closing conditions, including receipt of US Government HSR (Hart-Scott-Rodino) Antitrust approvals, have been met and accordingly the aforesaid acquisition has been completed with effect from July 17, 2018.
As informed, the Company has voluntarily filed for approval of CFIUS (Committee on Foreign Investment in the United States) which approval is awaited and for which certain consideration has been withheld in accordance with the agreement entered into by the Company.
This is for your information and records.
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