HCL Technologies Limited, an Indian multinational information technology company, has entered into an agreement to acquire the Telco Solutions Business of Hewlett Packard Enterprise Company (HPE) for approximately $180 million. The acquisition, announced on December 18, 2025, is a significant move by HCL Technologies to expand its global presence and capabilities in the telecommunications sector.
Under the terms of the agreement, HCL Technologies will pay a cash consideration of $160 million to HPE, with an additional earnout or contingent payment of $15 million based on the performance of the acquired business in FY25. The acquisition is expected to bring on board nearly 1,500 engineering and telecom specialists from 39 countries, who will join HCL Technologies’ global delivery team.
The acquisition is subject to regulatory approvals in various countries, including approval from the Committee on Foreign Investment in the United States. The transaction is expected to close in approximately six months from the date of signing, pending the satisfaction of customary closing conditions.
The acquisition of HPE’s Telco Solutions Business is a strategic move by HCL Technologies to strengthen its position in the telecommunications sector. The addition of HPE’s telco solutions capabilities and expertise is expected to enhance HCL Technologies’ ability to deliver innovative solutions to its clients in the telecommunications industry. The acquisition is also expected to provide HCL Technologies with access to new markets and customers, and to strengthen its global delivery capabilities.
Overall, the acquisition of HPE’s Telco Solutions Business by HCL Technologies is a significant development in the IT industry, and is expected to have a positive impact on HCL Technologies’ growth and expansion plans. With the addition of new talent and capabilities, HCL Technologies is well-positioned to capitalize on emerging opportunities in the telecommunications sector and to deliver innovative solutions to its clients worldwide.