HCLTech acquires HPE's telecom assets for $225m, focusing on telecom market growth and service expansion.

HCL Technologies (HCLTech) acquires Hewlett Packard Enterprise's (HPE) telecom assets for $225 million, aiming to strengthen its position in the telecommunications market and expand its service offerings. The acquired assets include intellectual property, software, and related customer contracts related to telecom products and services. The deal is expected to bring growth opportunities for both companies, fostering innovation and collaboration in the telecommunications industry.

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