IBM to sell some of its software products to HCL for US$1.8bn

By

Divests in seven products.

IBM to sell some of its software products to HCL for US$1.8bn
IBM has said it will sell some of its software products business to Indian software services exporter HCL Technologies for US$1.80 billion. The software products in scope represent a total addressable market of more than US$50 billion, IBM said in a statement on Thursday. The company will divest ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
hclibmsoftwarestrategy

Sponsored Whitepapers

Leverage Technologies: Industry-Tailored ERP Implementation for Growth and Compliance
Leverage Technologies: Industry-Tailored ERP Implementation for Growth and Compliance
Service Over Signatures: The Truth About No Lock-In IT
Service Over Signatures: The Truth About No Lock-In IT
Wasabi Reveals Hidden Costs and Cloud Storage Shifts in ANZ for 2025
Wasabi Reveals Hidden Costs and Cloud Storage Shifts in ANZ for 2025
Datacom + Microsoft Azure: Turn Ideas Into Impact in Just 4 Weeks
Datacom + Microsoft Azure: Turn Ideas Into Impact in Just 4 Weeks
Protect APIs. Protect Your Business.
Protect APIs. Protect Your Business.

Events

Most Read Articles

Victoria Police renews decade-long IT support deal for another three years

Victoria Police renews decade-long IT support deal for another three years
Google offers new proposal to stave off EU antitrust fine

Google offers new proposal to stave off EU antitrust fine
Qld tables $1 billion for major whole-of-government tech overhaul

Qld tables $1 billion for major whole-of-government tech overhaul
NSW seeks to build unhackable netbook network

NSW seeks to build unhackable netbook network
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?