HCLTech buys CTG, Hewlett Packard’s unit, for $225mn

BENGALURU: HCLTech has acquired the Communications Technology Group, a business division of Hewlett Packard Enterprise (HPE), for $225 million to strengthen its footprint in the telecom vertical. HCLTech will acquire IP, engineering and R&D talent, and client relationships with top communication service providers (CSPs).