HCL Technologies and IBM have joined forces to establish a Generative AI Center of Excellence (GenAI CoE) utilizing the IBM Watsonx platform. This collaboration will allow enterprises to update legacy applications, develop IT service management use cases, simplify coding, enhance skills on the IBM Watsonx platform, and foster continuous innovation. The GenAI CoE will be … Read more
Technology giant Nokia has struck a deal with HCLTech to transfer around 1,500 employees and 700 contractors with expertise in engineering services for the telecommunications industry. The employees are located in different countries such as Spain, Italy, India, Japan, China, America, and the APAC region. The agreement aims to strengthen HCLTech’s position in the telecommunications … Read more
HCLTech has entered into a strategic partnership with Hewlett Packard Enterprise (HPE) in order to enhance its presence in the telecom services market. This collaboration involves the acquisition of certain assets of HPE’s Communications Technology Group (CTG) by HCLTech. As a result of this agreement, HCLTech will gain access to valuable intellectual property, top-notch research … Read more
HCL Technologies (HCLTech) has announced its intention to acquire specific intellectual property (IP) and research and development (R&D) assets from Hewlett Packard Enterprise (HPE). This strategic move is aimed at bolstering HCLTech’s capabilities in the telecom engineering services sector, with a focus on business support systems (BSS), network applications, cloud services, and data intelligence. By … Read more
HCLTech, India’s third-largest IT services provider, has announced the acquisition of select assets of Communications Technology Group, a commercial division of Hewlett Packard Company, for $225 million (around Rs 1,870 crore) in cash. This deal will also involve the absorption of approximately 1,500 employees and 700 contractors with expertise in engineering services for the telecom … Read more
In a recent development, IT firm HCLTech announced its acquisition of certain assets from Hewlett Packard Enterprise’s Communications Technology Group (CTG) for $225 million, equivalent to around Rs 1,874 crore, in an all-cash deal. This agreement will involve the transfer of approximately 1,500 employees and 700 contractors with expertise in engineering services for the telecommunications … Read more
HCLTech announced on Thursday that it will be acquiring specific assets of Hewlett Packard Enterprise’s Communications Technology Group (CTG) for $225 million in an all-cash deal. This agreement will involve the transfer of around 1,500 employees and 700 contractors from various countries, including Spain, Italy, India, Japan, China, America, and the APAC region, to HCLTech. … Read more