HCLTech Acquires HPE's Telco Solutions Business for $160M

• HCLTech will acquire Hewlett Packard Enterprise's (HPE) Telco Solutions Business for up to $160 million.
• The acquisition aims to strengthen HCLTech's telecom sector position and enhance its engineering and AI-based networking capabilities.
• It includes industry-leading Intellectual Property (IP), product engineering, R&D talent, and client relationships with major Communication Service Providers.
• The Telco Solutions Business offers Operations Support Systems (OSS), Home Subscriber Server (HSS), 5G Subscriber Data Management (SDM), and advanced AI-based network automation.
• Approximately 1500 engineering and telecom experts from 39 countries will join HCLTech's global delivery team.

Why It Matters: HCLTech boosts telecom presence and AI networking with HPE Telco Solutions acquisition.