HCLTech to acquire telco solutions business from HPE to strengthen engineering, AI-led network propositions

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HCLTech signed an agreement to purchase HPE’s Telco Solutions business, further strengthening its market-leading position in the telecom industry.

Following an earlier transaction with HPE in 2024, HCLTech will, through this new acquisition agreement, further gain industry-leading intellectual property (IP), product engineering and R&D talent, and client relationships with top global Communication Service Providers (CSPs), the company said in a statement.

Telco Solutions supports more than 1 billion devices through its solutions, across 200+…



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HCLTech to acquire telco solutions business from HPE to strengthen engineering, AI-led network propositions



HCLTech signed an agreement to purchase HPE’s Telco Solutions business, further strengthening its market-leading position in the telecom industry.

Following an earlier transaction with HPE in 2024, HCLTech will, through this new acquisition agreement, further gain industry-leading intellectual property (IP), product engineering and R&D talent, and client relationships with top global Communication Service Providers (CSPs), the company said in a statement.

Telco Solutions supports more than 1 billion devices through its solutions, across 200+…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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