HCLTech to Acquire Telco Solutions Business from Hewlett Packard Enterprise (HPE) to Further Strengthen its Engineering and AI-led Network Propositions to Global Communication Service Providers
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HCLTech has signed an agreement to acquire Hewlett Packard Enterprise's Telco Solutions business, enhancing its engineering, AI, and cloud-native offerings for the telecom industry. This acquisition will provide HCLTech with industry-leading IP, product engineering, R&D talent, and client relationships with top global Communication Service Providers. The transaction, subject to regulatory approvals, is expected to close in six months, and will involve the integration of 1,500 specialists from 39 countries into HCLTech's global team.
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