HCLTech will acquire Hewlett Packard Enterprise’s Telco Solutions business for $160 million, including performance-linked incentives. The deal is expected to close within six months.
Nearly 1,500 engineers from 39 countries will join HCLTech’s global team. The acquisition strengthens HCLTech’s telecom portfolio, including 5G, AI network automation, operations support, and subscriber data management.
The business supports over a billion devices worldwide. This follows HCLTech’s earlier HPE asset acquisition. The move aims to accelerate network transformation and offer advanced services to global communication providers, boosting innovation and engineering capabilities.