HCL Technologies has announced its acquisition of the assets of HPE Communication Technology Group for $225 million. This move is expected to further strengthen HCL’s position in the global telecommunications market. The deal includes the purchase of software products, services, and intellectual property owned by the HPE Communication Technology Group. HCL will now have access … Read more
HCL Technologies announced a deal to acquire assets of Hewlett Packard Enterprise’s Communications Technology Group (CTG) for $225 million in cash. This acquisition includes approximately 1,500 employees and 700 contractors with expertise in engineering services for the telecommunications industry across various countries. The agreement aims to strengthen HCLTech’s presence in the telecom sector by expanding … Read more
It seems that Broadcom isn’t quite finished with its shake-up of VMware just yet, as it plans to sell off its End-User Compute (EUC) arm. According to reports, Broadcom, which bought VMware in November 2023, is selling the EUC portion to KKR, a private equity firm that already owns cyber security firm Barracuda Networks, as … Read more