HCLTech

HCLTech to acquire important intellectual property and research and development assets from HPE

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HCLTech to acquire important intellectual property and research and development assets from HPE

Hewlett Packard Enterprise (HPE) is transferring its assets to HCL Technologies (HCLTech) in a deal that is set to boost HCLTech’s technological capabilities and competitive edge. The assets being transferred by HPE include innovative intellectual property and technological solutions that are expected to enhance HCLTech’s portfolio. This move is seen as a strategic decision by … Read more

HCLTech to take over HPE’s Communications Technology Group in strategic transition deal

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HCLTech to take over HPE’s Communications Technology Group in strategic transition deal

HCL Technologies has announced a $225 million deal to acquire assets from Hewlett Packard Enterprise’s Communications Technology Group (CTG). This strategic move aims to enhance HCLTech’s telecom services by integrating top engineering talent and advanced intellectual properties from CTG. The acquisition is expected to strengthen HCLTech’s position in the telecom industry, especially with global communications … Read more

HCLTech purchases CTG from Hewlett Packard for $225 million | Bengaluru News – Times of India

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HCLTech purchases CTG from Hewlett Packard for 5 million | Bengaluru News – Times of India

In a recent development, HCL Technologies has acquired Communications Technology Group (CTG), a division of Hewlett Packard Enterprise (HPE), for 225 million dollars. This strategic move aims to enhance HCLTech’s presence in the telecommunications sector by acquiring talent in intellectual property, engineering, research and development, and relationships with prominent communication service providers (CSPs). As part … Read more

HCLTech Expands Telecom Capabilities with Acquisition of HPE’s CTG Assets

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HCLTech Expands Telecom Capabilities with Acquisition of HPE’s CTG Assets

HCLTech announced on Thursday that it will be moving into the telecom services market by acquiring certain assets of Hewlett Packard Enterprise’s Communications Technology Group (CTG). The deal, expected to be finalized within 6-9 months pending regulatory approvals, will bring together industry-leading intellectual property, engineering and R&D talent, and key customer relationships with leading suppliers … Read more

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

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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

HCLTech acquires HPE’s Communication Tech Group

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HCLTech acquires HPE’s Communication Tech Group

IT company HCLTech has announced its plans to acquire specific assets of Hewlett Packard Enterprise Communications Technology Group in a cash deal worth $225 million (approximately Rs 1,874 crore). This agreement will involve the transfer of around 1,500 employees and 700 contractors who specialize in engineering services for the telecommunications industry across several countries, including … Read more

HCLTech Acquires $225M in HPE Assets to Expand Telecom Presence

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HCLTech Acquires 5M in HPE Assets to Expand Telecom Presence

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

HCLTech Announces Acquisition of Select Assets of HPE’s Communication Technology Group for USD 225 Million

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HCLTech Announces Acquisition of Select Assets of HPE’s Communication Technology Group for USD 225 Million

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

HCLTech and VMware tackle cloud chaos using a CloudSMART approach – SiliconANGLE

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HCLTech and VMware tackle cloud chaos using a CloudSMART approach – SiliconANGLE

With nearly 70% of organizations struggling with multicloud complexity, cloud chaos has become a major headache that requires an out-of-the-box approach. Given that the cloud is the new norm, HCL Technologies Ltd. and VMware Inc. came up with a well-planned and strategic approach to multicloud and digital transformation meant to tame cloud chaos called CloudSMART, … Read more