Global IT and outsourcing firm HCL Technologies is planning to buy a number of IBM software applications in the security, collaboration, and marketing automation spaces for US$1.8 billion. Sources said the acquisition will also include a large team of IBM sales and development people to help smooth the transition of customers. Also included in the acquisition are IBM Appscan, IBM BigFix endpoint management and security software, IBM Unica, and IBM WebSphere Commerce. Many of the product areas related to the planned software acquisition are strategic to HCL. HCL Technologies president C Vijayakumar said the acquisition is expected to close in mid-2019. He added that a big part of the acquisition is that HCL Technologies gets access to serve and grow over 5000 global enterprises across a wide range of industries and geographical markets.
Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)
The #1 outsourcing authority
Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.
The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.
About Derek Gallimore
Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.
Outsource Accelerator in the mediaSee all media mentions
- Outsourcing industry “absolutely booming”
- Outsourcing industry recovery could be starting, survey indicates
- Doom or boom faces the IT-BPM industry (part 2)
- Bright future for outsourcing
- The Chinese Antidote to a Covid-battered Philippines
- The Philippine IT BPM Industry: Your Tool for Business Recovery and Continuity
- BPO industry in Philippines seen benefitting as firms abroad cut costs due to pandemic