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HCLTech to buy HPE's Telco Solutions business for $160 million
Business
HCLTech just announced it's picking up Hewlett Packard Enterprise's Telco Solutions business for up to $160 million.
The move, signed on December 18, 2024, brings in top-notch tech, global client connections, and a huge team—helping HCLTech step up its game in 5G and AI-powered networks.
Why does this matter?
This isn't just another tech deal: nearly 1,500 specialists from 39 countries will join HCLTech, expanding their reach to over a billion devices worldwide.
It follows another big buy from HPE in 2024, showing HCLTech is serious about leading the shift toward smarter networks.