HCLTech Acquires HPE's Communications Technology Group

HCLTech has won a telecom carve-out deal with Hewlett Packard Enterprise, acquiring key assets and talent. This includes IP, engineering staff, and client relationships with top global CSPs. The deal, valued at $225M, enhances HCLTech's capabilities in BSS, network applications, and service cloudification. It represents a strategic expansion in the telecom sector.