HCLTech to Acquire HPE’s Telco Solutions Business in Strategic $160 Million Move

In a significant move to bolster its footprint in the telecommunications sector, global technology leader HCLTech announced on 18 December 2025, that it has signed a definitive agreement to acquire the Telco Solutions business from Hewlett Packard Enterprise (HPE).

The deal, valued at up to $160 million, underscores HCLTech’s commitment to spearheading AI-led network transformations for Communication Service Providers (CSPs) worldwide.

The Deal Structure and Financials The acquisition is structured as an asset carve-out rather than a purchase of shares and will be completed through a 100% cash consideration.

The total purchase price includes approximately $15 million in incentives tied to performance through the 2025 fiscal year. Pending regulatory approvals—including the Committee on Foreign Investment in the United States (CFIUS)—the transaction is expected to close within approximately six months.

Strengthening the “Telco to Techco” Evolution By integrating HPE’s Telco Solutions, HCLTech gains critical intellectual property (IP) and advanced engineering talent focused on Operations Support Systems (OSS) and 5G Subscriber Data Management (SDM).

This acquisition is designed to help global CSPs transition into “techcos” by leveraging AI-native networks and autonomous networking capabilities.

The move follows a successful 2024 transaction between the two companies, where HCLTech acquired assets from HPE’s Communications Technology Group (CTG).

This latest expansion will add nearly 1,500 engineering and telecom specialists from 39 countries to HCLTech’s global delivery team.

Strategic Vision Anil Ganjoo, Chief Growth Officer at HCLTech, highlighted that the integration of this highly skilled team strengthens the company’s product-aligned model and accelerates its shift toward higher-value, IP-led services.

With Telco Solutions currently supporting over 1 billion devices across more than 200 deployments globally, HCLTech is well-positioned to scale its AI-led network automation propositions.

Signed by: Manish Anand, Company Secretary, HCL Technologies Limited. Disclosure: This announcement is made in accordance with Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.

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