HCL Technologies to acquire select IBM Software products for $1.8bn - Highlight Investment Research

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Friday 7 December 2018

HCL Technologies to acquire select IBM Software products for $1.8bn

HCL Technologies (HCL) and IBM announced a definitive agreement under which HCL will acquire select IBM software products for $1.8bn. The transaction is expected to close by mid-2019, subject to completion of applicable regulatory reviews.

HCL and IBM have an ongoing IP Partnership for five of these products.

The products include Appscan for secure application development, BigFix for secure device management, Unica (on-premise) for marketing automation, Commerce (on-premise) for omni-channel eCommerce, Portal (on-premise) for digital experience, Notes & Domino for email and low-code rapid application development, and Connections for workstream collaboration.





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