NEW YORK and NOIDA, India, Dec 3, 2024 — HCLTech, a leading global technology company, today announced it has completed the purchase of certain assets from Hewlett Packard Enterprise’s (HPE) Communications Technology Group (CTG). This follows the announcement the company made in May 2024.
The closure of this deal formally expands HCLTech’s long-standing partnership with HPE, extending its leadership in the telecom services markets and strengthening its engineering services capabilities with industry-leading intellectual property (IP), Engineering and R&D talent and client relationships with top global Communication Service Providers (CSPs).
“We are deeply committed to continuing CTG’s success and delivering exceptional value to all CTG clients,” said Anil Ganjoo, Chief Growth Officer, TMT industries, at HCLTech. “We are excited to welcome the talented professionals and leadership team from CTG, whose expertise will be instrumental in driving our shared success. By combining our engineering strengths with CTG’s advanced capabilities, we will enhance our partnerships with leading global CSPs, accelerate the growth of our digital services and expand our global footprint.”
“We are pleased to have found a partner in HCLTech with appreciation for CTG’s significant legacy and future potential,” said Marie Myers, Executive Vice President and Chief Financial Officer, at Hewlett Packard Enterprise. “Now that the HCLTech acquisition is complete, we look forward to CTG’s successes being nurtured and grown as part of HCLTech as well as in continuing our HPE commitment to the telecoms market.”