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HCLTech to buy HPE telco biz for nearly $160 mn
Financial Express Lucknow
|December 19, 2025
IT SERVICES MAJOR HCLTech on Thursday said it has signed a definitive agreement to acquire the telco solutions business of Hewlett Packard Enterprise (HPE) for a cash consideration of up to $160 million, including $15 million of performance-linked incentives based on FY25.
The acquisition is aimed at strengthening HCLTech's engineering and AI-led network offerings for global communication service providers (CSPs).
The telco solutions business was part of HPE's Communications Technology Group (CTG), from which HCLTech had acquired certain assets in 2024. With the latest agreement, HCLTech will add industry intellectual property, product engineering and R&D capabilities, along with relationships with leading global CSPs.
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