IT
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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