HCLTech advances in engineering services for global CSPs through acquisition of communications technology group assets from HPE

HCLTech advances in engineering services for global CSPs through acquisition of communications technology group assets from HPE

HCLTech has announced plans to expand its strategic partnership with Hewlett Packard Enterprise (HPE). Through this partnership, HCLTech will acquire a range of service offerings, including BSS, network applications, service cloud, and data intelligence solutions from HPE. These capabilities will complement HCLTech’s existing services, enhancing efficiency, integration, and partnership opportunities.

As part of the agreement, HPE will retain the OSS portion of its CTG business, with the Telco Solutions group continuing to focus on OSS, orchestration, and assurance for telecommunication customers. The transaction is pending regulatory approvals and is expected to close within 6 to 9 months.

C Vijayakumar, CEO of HCLTech, expressed excitement about the partnership, emphasizing the company’s commitment to the telecommunications market. The acquisition will bring new talent and intellectual property to HCLTech, strengthening its relationships with global CSPs and accelerating growth in the telecommunications industry.

HPE President and CEO, Antonio Neri, praised the partnership with HCLTech, noting that the Communications Technology Group will benefit from joining a company that values its heritage and potential for the future. Approximately 1,500 CTG employees will transition to HCLTech in countries such as Spain, Italy, India, Japan, and China.

The partnership between HCLTech and HPE aims to drive innovation and transformation in the telecommunications sector, aligning with the dynamic needs of customers. The move reflects HPE’s ongoing commitment to refining its portfolio to support the evolving needs of global telecommunications, media, and technology companies.

Overall, the expanded partnership between HCLTech and HPE signifies a significant step towards strengthening HCLTech’s position in the telecommunications market and enhancing its service offerings for global customers. Through this strategic collaboration, both companies aim to drive growth, innovation, and transformation in the industry.

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https://siliconcanals.com/news/business-wire/hcltech-forges-ahead-in-engineering-services-to-global-communication-services-providers-csps-with-purchase-of-communications-technology-group-assets-from-hewlett-packard-enterprise-hpe/