By Livemint Automation
Publication Date: 2025-12-18 18:13:00
HCL Technologies (HCLTech) has signed a definitive agreement to acquire the Telco Solutions business of Hewlett Packard Enterprise (HPE) for a total consideration of up to $160 million. The transaction is structured as an all-cash asset foreclosure, the company said in a bag presentation on Thursday.
The agreement includes an initial purchase price supplemented by a $15 million incentive based on performance metrics for fiscal 2025. The acquisition is expected to close in approximately six months, subject to customary closing conditions and regulatory approvals, including clearance from the Committee on Foreign Investment in the United States (CFIUS).
Strategic integration and portfolio expansion
Taking advantage of a 2024 transaction in which HCLTech purchased assets of HPE’s Communications Technology Group (CTG), this latest acquisition incorporates HPE’s Telco Solutions business, which currently supports more than one billion devices in 200 global deployments. According…
