HCL Technologies completes acquisition of select IBM products

HCL Technologies completes acquisition of select IBM products

Malaysia Sun-Business·2019-07-02 13:55

New Delhi [India], July 2 (ANI): HCL Technologies has completed the planned acquisition of select IBM products for security, marketing, commerce and digital solutions.

Last December, HCL Technologies had announced that it will acquire select IBM software products for 1.8 billion dollars (about Rs 12,700 crore) in an all-cash deal.

"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 said in a statement.

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