HCL Technologies closes acquisition of IBM products

As of the end of June 2019, HCL Technologies (HCL) has officially closed the previously announced acquisition of select IBM products for security, marketing, commerce, and digital solutions.

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.

The company is also introducing HCL Software, a new division that will operate this enterprise software product business and meet customer demand.

A business unit of "Products and Platforms" (Mode 3), HCL Software has delivered more than 340 partner releases and more than 90 HCL releases, including such popular products as Informix 14.10, Domino 10, Workload Automation 9.5.

The division aims to reshape the company's enterprise software business, focusing on innovation and delivery.

"We are excited for the next phase of the HCL Software Business Unit and are confident that these products will see good growth trajectory backed by our commitment to investing in product innovation coupled with our strong client focus and agile product development," says HCL Technologies president and CEO C Vijayakumar.

"In addition, we see tremendous potential for creating compelling 'as-a-service' offerings by combining these products with our traditional IT and next-gen services.

"Our mission is to help customers achieve success with their IT investments through relentless innovation of our products," adds HCL Software head and corporate vice president Darren Oberst.

"We are intensely customer-focused, in our product roadmaps, client advocacy, transparent development processes, high-velocity releases, and consultative sales teams. Our customers will be the ultimate beneficiaries, and we look forward to collaborating with them. We are also pleased to welcome the IBM employees who are joining HCL Technologies.