MoneyWorks4Me

HCL Technologies bags $250-million deal from Alcatel-Lucent: Report

07 Aug 2014 Evaluate

HCL Technologies (HCL), a global IT services provider, has reportedly won a $250-million deal from French telecom major Alcatel-Lucent. The deal involves the company taking up complete R&D work of Alcatel-Lucent in technologies such as 2G and 3G.

Besides, HCL will co-create intellectual property and help the French telecom major innovate in these areas. For HCL, this deal follows a spate of multi-million dollar deals that the company bagged in the 2014 fiscal.

HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses. HCL leverages its extensive global offshore infrastructure and network of offices in 31countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare & Life sciences.

Peers
Company Name CMP
TCS 2108.35
Infosys 1019.50
HCL Technologies 1200.00
Wipro 162.20
Tech Mahindra 1538.40
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