M&A

M&A

HCLTech to acquire Hewlett Packard’s telco solutions biz for $160-M

Press Release   Mint  

Noida-based, publicly listed HCL Technologies (HCLTech) is to acquire the telco solutions business from Houston, Texas (USA)-based Hewlett Packard Enterprise (HPE) for USD 160 million in an all-cash deal. The deal includes an initial purchase price supplemented by a USD 15 million incentive based on performance metrics for FY25.HPE’s Telco Solutions business currently supports over 1 Billion devices across 200 global deployments. It provides capabilities including Operations Support Systems (OSS), 5G Subscriber Data Management (SDM), Home Subscriber Server (HSS), and AI-driven network automation designed for closed-loop network monetisation.HCLTech intends to use the expanded engineering capacity and intellectual property to accelerate 5G network transformation, network cloudification, Network as a Service (NaaS), autonomous networking, Service Management and Orchestration (SMO), AI-led network automation, and AI-native networks for global Communication Service Providers (CSPs).This acquisition builds on a 2024 transaction where HCLTech purchased assets from HPE’s Communications Technology Group.