new delhi hcl technologies has announced the acquisition of a usbased it services company gulf computers inc for 975 million175 million will be paid after six months and a series of tranches concluding three years from now a company statement said all future tranches till the end of third year would be linked to the profitability and growth of gulf computers this is hclts third major acquisition within a year the others are 51 per cent stake in deutsche software the it services arm of deutsche bank and 90 per cent in apollo contact centre from ukbased british telecom chennai tata technologies announced the launch of tata technologies innovent an innovation platform that provides young engineering students in india with an opportunity to showcase their creativity and innovate solutions that address challenges being faced by the manufacturing industryinnovent invites 3rd and 4th year engineering students across india to participate in this competition by proposing innovative projects that address realworld problems more details at and the last date of project submission is august 31 tnn