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HCL acquires Capital Stream for $40 Million

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HCL Technologies has acquired US based company CapitalStream, in an all-cash deal for approximately Rs 160 crore($40 million )

Capital Stream provides end-to-end lending and straight through processing solutions to commercial banks and finance companies in North America.

HCL had last acquired Answercall Direct contact centre in Northern Ireland for Rs 29.39 crore in 2005.