Misys and HCL extend partnership to Americas and Europe
(Reuters) - Software group Misys (MSY.L) said on Tuesday it agreed with Indian peer HCL Technologies (HCLT.BO) to extend their strategic partnership to the Americas, Europe and the rest of the Asia Pacific region.
The original partnership, announced in October 2007, was to jointly market Misys's banking products in India, Singapore and Malaysia.
"This key strategic partnership allows us to continue to deliver real value to our customers giving them access to leading products and solutions in the financial services market," Misys Chief Executive Mike Lawrie said in a statement.
Financial terms of the partnership were not disclosed.
At 1:45 p.m., Misys shares were down 2.4 percent at 92.25 pence on the London Stock Exchange.
(Reporting by Kumar Alagappan in Bangalore; Editing by Mike Miller)
© Thomson Reuters 2009 All rights reserved.
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