By Rediff Money Desk
Publication Date: 2025-12-18 17:10:00
HCL Technologies will buy HPE’s Telco Solutions business for $160 million. The agreement strengthens HCLTech’s telecommunications offering.
The purchase price includes $15 million in incentives based on FY25 performance.
“HCLTech will acquire Hewlett Packard Enterprise’s (HPE) Telco Solutions Business to further strengthen its AI-based engineering and networking propositions for global communications service providers,” the company said in a statement.
The move deepens HCLTech’s engineering, artificial intelligence and cloud-native offerings for the telecom industry, it added.
The all-cash deal has a total purchase price of up to $160 million, including $15 million in FY25 performance-based incentives, HCLTech said in a BSE filing.
Following a previous transaction with HPE in 2024, HCLTech,…
