HCLTech Acquires Communication Technology Group Assets from Hewlett Packard for $225 Million – CNBC TV18

HCLTech Acquires Communication Technology Group Assets from Hewlett Packard for 5 Million – CNBC TV18

HCLTech Ltd, an IT services company, announced its acquisition of the assets of Communications Technology Group (CTG) from Hewlett Packard Enterprise (HPE) for $225 million in an all-cash deal. Approximately 1,500 CTG employees specializing in the telecommunications industry will join HCLTech in countries such as Spain, Italy, India, Japan, and China to serve clients globally. … Read more

Ola fully transitions to in-house Krutrim Cloud following termination of Microsoft Azure partnership – CNBC TV18

Ola fully transitions to in-house Krutrim Cloud following termination of Microsoft Azure partnership – CNBC TV18

Ola Group has successfully migrated all of its workload to Krutrim Cloud, its own AI company, just one week after ending its partnership with Microsoft Azure. Bhavish Aggarwal, the founder and CEO of Ola, announced this transition on the social media platform X (formerly Twitter) on May 22. Aggarwal stated that the company’s Azure spend … Read more