HCLTech to buy HPE’s telco solutions business for $160 million to boost AI-led networks
NEW DELHI: Homegrown IT services firm HCLTech said on Thursday that it is buying Hewlett Packard Enterprise’s (HPE) Telco Solutions Business for up to $160 million (₹1,443.68 crore).
This deal, which includes $15 million in performance-based incentives for fiscal year 2025, aims to boost HCLTech’s engineering and AI capabilities for global telecom service providers, HCLTech said in a regulatory filing late Thursday.
