HCLTech to buy Hewlett Packard’s communications tech assets for $225 million

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As part of this agreement, HCLTech will also absorb around 1,500 employees and 700 contractors with experience of engineering services for telecom industry in countries including Spain, Italy, India, Japan, China, Americas and APAC region, HCLTech said in a regulatory filing on Thursday.

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HCLTech to buy Hewlett Packard’s communications tech assets for $225 million