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India's HCL Sees Shares Slide After Agreeing to Buy $1.8B Worth of IBM's Software Assets Indian software maker HCL has agreed to buy some of IBM's software assets for $1.8 billion • Its shares declined on the news, making it the worst performer among India's 50 to companies • Investors are worried about the assets' revenue-generating potential • HCL CEO defended the decision, saying the deal instantly brings 5,000 new customers |
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