HCL Technologies Grabs Microsoft Dynamics CRM Market Share with $46M PowerObjects Deal

PowerObjects, An HCL Company

HCL Technologies, has acquired Minneapolis-based Microsoft Dynamics CRM partner PowerObjects, the company announced today. HCL will pay approximately $46 million, including contingent payments subject to certain financial milestones.

PowerObjects, which has grown to over 250 employees, had trailing twelve-month revenues of approximately $37 million as of September 30, 2015. HCL had $6.1 billion in revenue in the most recent 12 month period and has over 100,000 employees across 31 countries.


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As the editor of MSDynamicsWorld.com, Jason oversees all editorial content on the site and at our events, as well as providing site management and strategy. He can be reached at jgumpert@msdynamicsworld.com.

Prior to co-founding MSDynamicsWorld.com, Jason was a Principal Software Consultant at Parametric Technology Corporation (PTC), where he implemented solutions, trained customers, managed software development, and spent some time in the pre-sales engineering organization. He has also held consulting positions at CSC Consulting and Monitor Group.

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