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HCLTech extends telecom services leadership with acquisition of CTG assets from HPE

May 23, 2024

Acquiring Company

HCLTech

Acquired Company

Hewlett Packard Enterprise

NoidaSpringInformation TechnologyConsultinginformation technology & servicesOtherInformation TechnologyCommerce and ShoppingHardwareFinancial ServicesSoftwareCommerce And ShoppingInternet ServicesPaymentsConsultingCloud InfrastructureIntellectual PropertyIT Infrastructure

Description

HCLTech, a leading global technology company, has announced the acquisition of certain Communications Technology Group (CTG) assets from Hewlett Packard Enterprise (HPE). This acquisition will strengthen HCLTech's telecom practice, enhance its capabilities, and provide direct relationships with global Communication Service Providers (CSPs).

Quick answer

HCLTech is acquiring Hewlett Packard Enterprise, announced May 23, 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.

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Company Information

Company

HCLTech

Location

Noida, Uttar Pradesh, India

About

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 technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending September 2023 totaled $12.9 billion. To learn how we can supercharge progress for you, visit hcltech.com.

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Related People

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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 May 23, 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 May 23, 2024. HCLTech, a leading global technology company, has announced the acquisition of certain Communications Technology Group (CTG) assets from Hewlett Packard Enterprise (HPE). 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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