Brazilian antitrust regulator clears HPE-HCLTech telecoms deal
Brazilian antitrust regulator Cade approved without restrictions the acquisition of certain assets of Hewlett-Packard Enterprise (HPE) by Indian IT services multinational HCLTech for US$225 million.
The global all-cash transaction was announced in May by HCLTech and involves HPE’s Communications Technology Group unit. The subsidiary is responsible for providing services to the telecoms industry.
As part of the agreement, approximately 1,500 employees and 700 contractors with experience in engineering services for telcos in different countries, including in Latin America, will be transferred to HCLTech.
HCLTech reports over 120 delivery centers providing support for global companies and presence in 60 countries.
In Latin America, it has two centers in Brazil, two in Mexico and one each in Costa Rica and Guatemala.
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News in: ICT (Brazil)
Vivo obtains license to operate as a credit fintech
The company gains flexibility to create services and increases the efficiency of its fintech operation.
Trina optimistic about storage, datacenters as growth avenues in Latin America
Amid a slowdown in the solar module segment, Trina Solar sees power storage and PPA deals for datacenters boosting demand in Latin America.
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Other projects in: ICT
Get critical information about thousands of ICT projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Chiva 2 - Second Data Center in Barranquilla
- Current stage:
- Updated:
4 months ago
- Project: Digital infovia in Mato Grosso do Sul
- Current stage:
- Updated:
4 months ago
- Project: Broadband Installation for Integral Connectivity and Social Development of the Amazon Region
- Current stage:
- Updated:
4 months ago
- Project: V.OA Data Center
- Current stage:
- Updated:
5 months ago
- Project: BG02 Data Center
- Current stage:
- Updated:
5 months ago
- Project: Cable Submarino Caribbean Express (CX)
- Current stage:
- Updated:
5 months ago
- Project: Submarine Cable Aurora
- Current stage:
- Updated:
5 months ago
- Project: TAM-1 submarine cable system (Ex Trans Caribbean Fiber System)
- Current stage:
- Updated:
5 months ago
- Project: FON project (five of the six macrozones)
- Current stage:
- Updated:
5 months ago
- Project: Optical Mesh - Santos Basin
- Current stage:
- Updated:
5 months ago
Other companies in: ICT (Brazil)
Get critical information about thousands of ICT companies in Latin America: their projects, contacts, shareholders, related news and more.
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- Company: Sempre IT
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