HCL Technologies completes acquisition of HPE’s Communications Technology Group assets to enhance telecom services capabilities
Acquiring Company
HCLTech
Acquired Company
Hewlett Packard Enterprise
Description
HCL Technologies has successfully completed the acquisition of select assets from Hewlett Packard Enterprise’s (HPE) Communications Technology Group (CTG). This strategic move aims to enhance HCL’s capabilities within the telecom services sector, expand its global presence in the Communication Service Provider (CSP) market, and solidify its leadership in Business Support Systems (BSS) and engineering services. The acquisition also signifies HCL’s commitment to driving shared success and enhancing its partnerships with global CSPs.
Quick answer
HCLTech is acquiring Hewlett Packard Enterprise, announced December 2, 2024. HCLTech is based in Noida, Uttar Pradesh, India.
- How much did HCLTech pay for Hewlett Packard Enterprise?
- The deal value was not disclosed.
- What does HCLTech do?
- HCLTech is a global technology company, home to more than 221,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of..
- Where are HCLTech and Hewlett Packard Enterprise based?
- HCLTech is based in Noida, Uttar Pradesh, India. Hewlett Packard Enterprise is based in Spring, Texas, United States.
- Who are the decision-makers at HCLTech?
- Fundz holds 2 contacts at HCLTech. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Consulting and information technology & services
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- HCLTech completes acquisition of Communications Technology Group Assets from Hewlett Packard Enterprise (HPE) (December 2, 2024)
- Hewlett Packard Enterprise to acquire Juniper Networks in $14 billion all-cash transaction, $14B (October 31, 2024)
- iCapital to Acquire Parallel Markets to Streamline Digital Identity, Investment Onboarding, and Compliance Verification (January 16, 2025)
- Mercer Global Advisors, Inc. acquires Edward Vance Investment Management to expand presence in Georgia (January 7, 2025)
- Mastercard completes acquisition of Recorded Future to enhance cybersecurity capabilities (December 20, 2024)
- Visa completes acquisition of Featurespace to enhance fraud protection capabilities (December 19, 2024)
Who to call at HCLTech, and when
When HCLTech changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day HCLTech raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at HCLTech, from your own LinkedIn network
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Frequently asked
Who acquired Hewlett Packard Enterprise?
Hewlett Packard Enterprise was acquired by HCLTech, based in Noida. The deal was reported on December 2, 2024. HCLTech is privately held and operates in Information Technology.
When did HCLTech acquire Hewlett Packard Enterprise?
HCLTech's acquisition of Hewlett Packard Enterprise was reported on December 2, 2024. HCL Technologies has successfully completed the acquisition of select assets from Hewlett Packard Enterprise’s (HPE) Communications Technology Group (CTG). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hewlett Packard Enterprise do?
Hewlett Packard Enterprise (NYSE: HPE) is the global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. It is publicly traded (HPE), operating in Other, and is based in Spring.
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