HCL Technologies has completed the planned acquisition of select IBM products for $1.8 billion (over Rs 12,700 crore) in an all-cash deal for security, marketing, commerce, and digital solutions.
As part of the deal's close, HCL takes full ownership of the research and development, sales, marketing, delivery, and support for AppScan, BigFix, Commerce, Connections, Digital Experience (Portal and Content Manager), Notes Domino, and Unica. Also, the company is formally introducing HCL Software, a new division that will operate this enterprise software product business and meet customer demands.
HCL Technologies is a leading global IT services company that helps global enterprises re- imagine and transform their businesses through digital technology transformation.
