HCL Technologies concludes close of acquisition of select IBM products

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Capital Market
Last Updated : Jul 01 2019 | 11:51 PM IST
HCL Technologies confirmed the official close at the end of June 2019 the previously announced acquisition of select IBM products 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.

HCL is also formally introducing HCL Software, a new division that will operate this enterprise software product business and meet customer demand. A Business Unit of Products and Platforms (Mode 3), HCL Software has successfully delivered more than 340 partner releases and more than 90 HCL releases, including such popular products as Informix 14.10, Domino 10, Workload Automation 9.5. The division aspires to reshape the enterprise software business, focused on innovation and cutting-edge delivery for customer success.

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First Published: Jul 01 2019 | 7:24 PM IST

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