View source for Company:HCLTech

{{Short description|Indian multinational technology company}}
{{Use Indian English|date=August 2017}}
{{Infobox company
| name = HCLTech
| logo = HCLTech-new-logo.svg
| image = HCL Tech Noida SEZ Campus.png
| image_caption = HCLTech campus in Noida
| former_name = Hindustan Computers Private Limited
| type = [[Finance:Public company|Public]]
| traded_as = {{Unbulleted list|{{BSE|532281}}|{{NSE|HCLTECH}}|BSE SENSEX Constituent|NSE NIFTY 50 Constituent}}
| ISIN = {{ISIN|sl=n|pl=y|INE860A01027}}
| industry = [[Engineering:Information technology|Information technology]]<br>Consulting<br>[[Outsourcing]]
| foundation = {{Start date and age|df=yes|1976|08|11}}<ref name="HCL CIOL">{{cite web |url=http://www.ciol.com/shiv-nadar-tells-hcls-success-story/ |title=Company History – HCL Technologies Ltd. |publisher=CIOL |access-date=23 May 2021 |url-status=live |archive-url=https://web.archive.org/web/20160805085452/http://www.ciol.com/shiv-nadar-tells-hcls-success-story/ |archive-date=5 August 2016 }}</ref>
| founder = Shiv Nadar
| location_city = Noida, Uttar Pradesh
| location_country = {{wipe|India}}
| area_served = Worldwide
| key_people = {{plainlist|
* Roshni Nadar Malhotra ([[Social:Chairperson|Chairperson]]) 
* Shiv Nadar (Chairman Emeritus & CSO)<ref name=FastFacts.2014>{{cite web|url=https://www.hcltech.com/investors/fast-facts|title=Fast Facts |publisher=HCL Technologies |date=1 February 2014 |access-date=1 February 2014 |url-status=live|archive-url=https://web.archive.org/web/20140214142103/https://www.hcltech.com/investors/fast-facts|archive-date=14 February 2014 }}</ref>
* C Vijayakumar ([[Company:CEO|CEO]])<ref>{{cite news|title=HCL Tech CEO Anant Gupta quits, C Vijayakumar to succeed – The Economic Times|url=http://economictimes.indiatimes.com/news/company/corporate-trends/hcl-tech-ceo-anant-gupta-quits-c-vijayakumar-to-succeed/articleshow/54969299.cms|newspaper=The Economic Times|date=21 October 2016|url-status=live|archive-url=https://web.archive.org/web/20161023010322/http://economictimes.indiatimes.com/news/company/corporate-trends/hcl-tech-ceo-anant-gupta-quits-c-vijayakumar-to-succeed/articleshow/54969299.cms|archive-date=23 October 2016}}</ref>}}
| services = [[Software]]<ref name="Software development">{{cite web |last1=YK |first1=R |title=HCL Technologies announces close of acquisition of select IBM products |url=https://www.livemint.com/technology/tech-news/hcl-technologies-announces-close-of-acquisition-of-select-ibm-products-1561991281777.html|website=livemint.com|publisher=Livemint|access-date=1 April 2019}}</ref>
| revenue = {{Increase}} {{INRConvert|102814|c}}<ref name="pl3">{{Cite web|title=Profit comes in at Rs 3,442 crore, revenue grows to Rs 22,331 crore; meets expectations|url=https://www.hcltech.com/sites/default/files/documents/investor-reports/FinancialResults_1.pdf|access-date=20 April 2023|website=hcltech.com|language=en}}</ref>
| revenue_year = 2023
| operating_income = {{Increase}} {{INRConvert|19488|c}}<ref name="pl3"/>
| income_year = 2023
| net_income = {{Increase}} {{INRConvert|16146|c}}<ref name="pl3"/>
| net_income_year = 2023
| assets = {{Increase}}{{INRConvert|93411|c}}<ref name="pl3"/>
| assets_year = 2023
| equity = {{Increase}} {{INRConvert|65398|c}}<ref name="pl3"/>
| equity_year = 2023
| num_employees = 225,944 (2023)<ref name=FastFacts.2014/>
| owner = Shiv Nadar (60.77%)
| products = {{hlist| [[Software:HCL Domino|HCL Notes/Domino]]| [[Software:Security AppScan|HCL AppScan]] | [[Software:HCL Connections|HCL Connections]]| [[Software:HCL Commerce|HCL Commerce]]| [[Company:Actian|Actian]] |[[Company:IBM BigFix|HCL BigFix]]| [[Company:Starschema|Starschema]]| [[Software:WebSphere Portal|WebSphere Portal]]| [[Software:Ingres (database)|Ingres]]|HCL Unica| [[Software:HCL Sametime|HCL Sametime]]| HCL iNotes}}
| parent = HCL Group
| homepage = {{URL|https://www.hcltech.com/}}
| footnotes = <ref name="HCL Financials">{{cite web |url= https://www.hcltech.com/investors#financial_filings |title= HCL Technologies Q4 results for 2019 |publisher= HCL Technologies |date= 17 April 2019 |access-date=3 September 2018}}</ref>
}}

'''HCL Technologies Limited''', d/b/a '''HCLTech''' (formerly '''Hindustan Computers Pvt. Limited'''), is an Indian [[Finance:Multinational corporation|multinational]] [[Engineering:Information technology|information technology]] (IT) consulting company headquartered in Noida. The founder of HCLTech is Shiv Nadar. It was spun out in 1991 when HCL entered into the software services business.<ref>{{cite web|title = Company History – HCL Technologies Ltd.|url = http://economictimes.indiatimes.com/hcl-technologies-ltd/infocompanyhistory/companyid-4291.cms|website = The Economic Times|access-date = 28 August 2015|url-status = live|archive-url = https://web.archive.org/web/20150906000750/http://economictimes.indiatimes.com/hcl-technologies-ltd/infocompanyhistory/companyid-4291.cms|archive-date = 6 September 2015|df = dmy-all}}</ref> The company has offices in 52 countries and over 225,944 employees.<ref>{{cite web|title = HCL Technologies Ltd.|url = https://www.hcltech.com/sites/default/files/documents/investor-reports/FinancialResults_1.pdf|website = CNBC Tv18|access-date = 20 April 2023|url-status = live
  |archive-url = https://web.archive.org/web/20151017082344/http://profit.ndtv.com/stock/hcl-technologies-ltd_hcltech/reports
  |archive-date = 17 October 2015 |df = dmy-all}}</ref>

== History==
=== Formation and early years ===
In 1976, a group of eight engineers, all former employees of Delhi Cloth & General Mills, led by Shiv Nadar, started a company that would make personal computers.<ref>{{cite book
  |quote=A classic startup founded in1976 in an Indian garage by Shiv Nadar, HCL Enterprise flourished in the 1980s – "a golden period" for the company.
  |title=Be a Great Boss: The Hill Collection
  |url=https://books.google.com/books?isbn=1625277822  |isbn=978-1625277824
  |author1=Linda A. Hill  |author2=Kent Lineback  |year=2014}}</ref><ref name="den">{{cite web
|quote=Founded in 1976 as one of India's original IT garage startups ...
|title=HCL |date=31 August 2015 |url=https://www.denodo.com/en/partner/hcl}}</ref> Initially floated as ''Microcomp Limited'', Nadar and his team (which also included Arjun Malhotra, Ajai Chowdhry, D.S. Puri, Yogesh Vaidya and Subhash Arora) started selling teledigital calculators to gather capital for their main product. On 11 August 1976, the company was renamed  Hindustan Computers Limited (HCL).<ref>{{cite web|url=http://www.rediff.com/money/2007/jun/09bspec1.htm|title=The amazing story of the birth of HCL|url-status=live|archive-url=https://web.archive.org/web/20080327031922/http://www.rediff.com/money/2007/jun/09bspec1.htm|archive-date=27 March 2008}}</ref> The company originally was focused on hardware  but, via HCL Technologies, software and services became a main focus.<ref>{{cite book |author1=Linda A. Hill |url=https://books.google.com/books?isbn=1422187594 |title=Collective Genius: The Art and Practice of Leading Innovation |author2=Greg Brandeau |author3=Emily Truelove |year=2014 |isbn=978-1422187593 |quote=In spite of these changes, HCL Enterprise entered the 1990s determined to retain its focus on hardware.}}</ref><ref name="AcquiredGone">{{cite web |author=Simon Sharwood |date=30 October 2017 |title=IBM offloads Notes and Domino to India's HCL Technologies |url=https://www.theregister.co.uk/2017/10/30/ibm_hcl_notes_domino_partnership |website=The Register}}</ref>

HCL Technologies began as the R&D Division of HCL Enterprise,<ref>{{cite web
  |title=Heritage & Legacy|url=http://www.hcl.com/heritage-list  |website=HCL |access-date=28 August 2015
  |url-status=dead |archive-url=https://web.archive.org/web/20150820074935/http://www.hcl.com/heritage-list
  |archive-date=20 August 2015}}</ref> a company which was a contributor to the development and growth of the IT and computer industry in India. HCL Enterprise developed an indigenous microcomputer in 1978,<ref>{{cite web|title=About HCL Enterprise|url=http://www.hcltech.com/about-us/about-hcl-enterprise|website=HCL Technologies
  |access-date=28 August 2015 |url-status=live
  |archive-url=https://web.archive.org/web/20150821161508/http://www.hcltech.com/about-us/about-hcl-enterprise
  |archive-date=21 August 2015}}</ref> and a networking OS and client-server architecture in 1983.<ref>{{cite web
|title=Milestones
|url=http://www.hcl.com/heritage-list  |website=HCL  |access-date=28 August 2015
|url-status=dead  |archive-url=https://web.archive.org/web/20150820074935/http://www.hcl.com/heritage-list|archive-date=20 August 2015
}}</ref> On 12 November 1991, HCL Technologies was spun off as a separate unit to provide software services.<ref name="Orig.HCLtec">{{cite web
  |website=microsoft.com
  |quote=HCL Technologies Limited is an Indian multinational IT services company, headquartered in Noida, Uttar Pradesh, India. ...  subsidiary of HCL Enterprise. Originally a research and development division of HCL, .. independent .. 1991 .
  |url=https://powerbi.microsoft.com/en-us/partners/hcl
  |title=HCL Technologies}}</ref> Later subsidiaries included HCL Infosystems and HCL Healthcare.

On 12 November 1991, a company called HCL Overseas Limited was incorporated as a provider of technology development services.<ref name="economictimes.indiatimes.com">{{cite web|title=Company History – HCL Technologies Ltd.|url=http://economictimes.indiatimes.com/hcl-technologies-ltd/infocompanyhistory/companyid-4291.cms
  |access-date=28 August 2015|work=The Economic Times
  |url-status=live |archive-url=https://web.archive.org/web/20150906000750/http://economictimes.indiatimes.com/hcl-technologies-ltd/infocompanyhistory/companyid-4291.cms|archive-date=6 September 2015}}</ref> It received the certificate of commencement of business on 10 February 1992 after which it began its operations. Two years later, in July 1994, the company name was changed to HCL Consulting Limited.<ref>{{cite web
  |title=Company History – HCL Technologies Ltd.
  |url=http://economictimes.indiatimes.com/hcla-technologies-ltd/infocompanyhistory/companyid-4291.cms|access-date=28 August 2015
  |work=The Economic Times|url-status=live
  |archive-url=https://web.archive.org/web/20160414061212/http://economictimes.indiatimes.com/hcla-technologies-ltd/infocompanyhistory/companyid-4291.cms
  |archive-date=14 April 2016}}</ref> On 6 October 1999, the company was renamed 'HCL Technologies Limited' for "a better reflection of its activities."<ref name="economictimes.indiatimes.com"/>

Between 1991 and 1999, the company expanded its software development capacities to US, European and APAC markets.<ref name="economictimes.indiatimes.com"/>

=== IPO and subsequent expansion ===
[[File:HCL Technologies Manchester United partnership.jpg|thumb|HCL became Manchester United's digital technology partner in 2015.]]
The company went public on 10 November 1999, with an issue of 142 crore (14.2&nbsp;million) shares, valued at ₹4 each.<ref name="ReferenceA">{{cite news|title=Company History – HCL Technologies Ltd.|url=http://economictimes.indiatimes.com/hcl-technologies-ltd/infocompanyhistory/companyid-4291.cms|access-date=28 August 2015|work=The Economic Times|url-status=live|archive-url=https://web.archive.org/web/20150906000750/http://economictimes.indiatimes.com/hcl-technologies-ltd/infocompanyhistory/companyid-4291.cms|archive-date=6 September 2015}}</ref> During 2000, the company set up an offshore development centre in Chennai, India, for KLA-Tencor Corporation.<ref name="ReferenceA"/>

In 2002, it acquired Gulf Computers Inc.<ref name="ReferenceA" />

In February 2014, HCL launched HCL Healthcare.<ref>{{cite news
  |title=HCL enters healthcare business with Rs 1,000 crore
  |url=http://timesofindia.indiatimes.com/business/india-business/HCL-enters-healthcare-business-with-Rs-1000-crore/articleshow/29965199.cms|access-date=28 August 2015|work=The Times of India
  |date=7 February 2014 |url-status=live |archive-url=https://web.archive.org/web/20150707095322/http://timesofindia.indiatimes.com/business/india-business/HCL-enters-healthcare-business-with-Rs-1000-crore/articleshow/29965199.cms
  |archive-date=7 July 2015
}}</ref> HCL TalentCare is the fourth and latest venture of HCL Corporation.<ref>{{cite news
  |title=HCL launches TalentCare to bridge supply gap in IT, Healthcare, Banking
  |url=https://economictimes.indiatimes.com/jobs/hcl-launches-talentcare-to-bridge-supply-gap-in-it-healthcare-banking/articleshow/47290416.cms
  |access-date=22 January 2019 |work=The Economic Times    |date=15 May 2015}}</ref>

In July 2018, US-based [[Company:Actian|Actian]] was acquired by HCL and Sumeru Equity Partners for $330 million.<ref>{{cite web
|work=Reuters  |date=12 April 2018
|url=https://www.reuters.com/article/us-actian-m-a-hcl-techno/hcl-tech-pe-firm-to-buy-u-s-data-management-firm-actian-idUSKBN1HJ2LD
|title=HCL Tech, PE firm to buy U.S. data management firm Actian}}</ref><ref>{{Cite news|agency=Press Trust of India|date=18 July 2018|title=HCL Tech, Sumeru Equity Partners acquire $330 mn acquisition of Actian corp|work=Business Standard India|url=https://www.business-standard.com/article/companies/hcl-tech-sumeru-equity-partners-aquire-330-mn-acquisition-of-actian-corp-118071800691_1.html|access-date=19 August 2020}}</ref>

In 2019, HCL Technologies acquired a select few products of [[Company:IBM|IBM]]. HCL took the full ownership of research and development, sales, marketing, delivery, and support for [[Software:Security AppScan|AppScan]], [[Company:IBM BigFix|BigFix]], [[Software:WebSphere Commerce|Commerce]], [[Software:IBM Connections|Connections]], Digital Experience ([[Software:WebSphere Portal|Portal]] and Content Manager), [[Software:IBM Notes|Notes Domino]], and Unica.<ref>{{Cite web|url=https://www.hcltech.com/press-releases/press-releases-business/hcl-technologies-announces-close-acquisition-select-ibm|title=HCL Technologies Announces close of Acquisition of select IBM products {{!}} HCL Technologies|website=www.hcltech.com|language=en|access-date=17 July 2019}}</ref> Furthermore, in 2021, the company reached 10 $billion dollars in revenue.<ref>{{Cite web |date=2021-01-15 |title=HCL Tech Q3FY21: Revenue reaches $10 billion-mark; FY21 guidance at 2-3% |url=https://www.businesstoday.in/latest/corporate/story/hcl-tech-q3fy21-revenue-reaches-10-billion-mark-fy21-guidance-at-2-3-284460-2021-01-15 |access-date=2023-07-23 |website=Business Today |language=en}}</ref>

In 2022, HCL Technologies rebranded as HCLTech.<ref name=":1">{{Cite web |title=HCLTech Launches New Brand Positioning Of Supercharging Progress |url=https://www.hcltech.com/press-releases/hcl-technologies-launches-new-brand-positioning-supercharging-progress}}</ref>
<ref name=":2">{{Cite web |title=HCL Technologies rebrands itself to HCLTech |url=https://economictimes.indiatimes.com/tech/information-tech/hcl-technologies-rebrands-itself-to-hcltech/articleshow/94458604.cms}}</ref>

==Acquisitions and partnerships==
=== Acquisitions ===
{| class="wikitable sortable"
|-
! scope="col" style="width:30px;"| Number
! scope="col" style="width:100px;"| Acquisition date
! scope="col" | Company
! scope="col" | Business
! scope="col" style="width:50px;"| Country
! scope="col" class="sortable" | References
|-
| 1
| {{dts|format=dmy|2008|2|20}}
| Capital Stream Inc.
| [[Business process automation]]
| United States
| style="text-align:center;"|<ref>{{cite news
  |title=HCL acquires Capital Stream for $40&nbsp;million
  |url=https://economictimes.indiatimes.com/tech/software/HCL-acquires-Capital-Stream-for-40-million/articleshow/2800004.cms
  |access-date=22 January 2019
  |work=The Economic Times  |date=21 February 2008}}</ref>

|- scope="row"
| 2
| {{dts|format=dmy|2008|7|16}}
| Liberata Financial Service
| [[Business process outsourcing]]
| United Kingdom
| style="text-align:center;"|<ref>{{cite news|title=HCL Tech to acquire Liberata Financial Services|url=http://www.business-standard.com/article/companies/hcl-tech-to-acquire-liberata-financial-services-108071600073_1.html|access-date=28 August 2015|work=Business Standard|date=16 July 2008|url-status=live|archive-url=https://web.archive.org/web/20150923230642/http://www.business-standard.com/article/companies/hcl-tech-to-acquire-liberata-financial-services-108071600073_1.html|archive-date=23 September 2015}}</ref>

|- scope="row"
| 3
| {{dts|format=dmy|2008|8|25}}
| Control Point Solutions, Inc.
| Telecommunications service
| United States
| style="text-align:center;"|<ref>{{cite news|title=HCL Tech buys US based Control Point|url=http://timesofindia.indiatimes.com/tech/tech-news/HCL-Tech-buys-US-based-Control-Point/articleshow/3404058.cms|access-date=28 August 2015|work=The Times of India|date=25 August 2015}}</ref>

|- scope="row"
| 4
| {{dts|format=dmy|2008|12|15}}
| Axon Group Plc.
| [[Company:SAP SE|SAP]] Consulting
| United Kingdom
| style="text-align:center;"|<ref>{{cite news|title=HCL Technologies Completes Acquisition of AXON Group plc|url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=ao7qHROBT6Sg|access-date=28 August 2015|publisher=Bloomberg L.P.|date=15 December 2008|url-status=live|archive-url=https://web.archive.org/web/20150924183226/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ao7qHROBT6Sg|archive-date=24 September 2015}}</ref>

|- scope="row"
| 5
| {{dts|format=dmy|2009|7|16}}
| UCS Group's Enterprise Solutions SAP Practice
| [[Company:SAP SE|SAP]]
| South Africa
| style="text-align:center;"|<ref>{{cite news|title=HCL Tech Division Buys UCS Group's SAP Operations|url=https://www.wsj.com/articles/SB124782314239557135|access-date=28 August 2015|work=The Wall Street Journal|date=17 July 2009|url-status=live|archive-url=https://web.archive.org/web/20160222075537/http://www.wsj.com/articles/SB124782314239557135|archive-date=22 February 2016}}</ref>

|- scope="row"
| 6
| {{dts|format=dmy|2016|4|01}}
| Part of Volvo IT
| Information technology
| Sweden
| style="text-align:center;"|<ref>{{cite news|title=HCL Tech to buy Volvo's IT business|url=http://www.thehindubusinessline.com/info-tech/hcl-tech-to-buy-volvos-it-business/article7783843.ece|access-date=20 October 2015|work=Business Line|date=20 October 2015|url-status=live|archive-url=https://web.archive.org/web/20151022171443/http://www.thehindubusinessline.com/info-tech/hcl-tech-to-buy-volvos-it-business/article7783843.ece|archive-date=22 October 2015}}</ref>

|- scope="row"
| 7
| {{dts|format=dmy|2015|10|19}}
| Concept to Silicon Systems (C2SiS)
| Semiconductors
| India
| style="text-align:center;"|<ref>{{cite news|title=HCL acquires privately held Engineering services firm Concept to Silicon|url=http://economictimes.indiatimes.com/tech/ites/hcl-acquires-privately-held-engineering-services-firm-concept-to-silicon-systems/articleshow/49449515.cms|access-date=19 October 2015|work=The Economic Times|date=19 October 2015|url-status=live|archive-url=https://web.archive.org/web/20151020211904/http://economictimes.indiatimes.com/tech/ites/hcl-acquires-privately-held-engineering-services-firm-concept-to-silicon-systems/articleshow/49449515.cms|archive-date=20 October 2015}}</ref>
|-
|8
|29 October 2015
|PowerObjects
|[[Social:Customer relationship management|CRM]] Consulting
|United States
|style="text-align:center;"|<ref>{{Cite web|url=http://www.hcltech.com/press-releases/hcl-technologies-acquires-crm-services-provider-powerobjects|title=HCL Technologies Acquires CRM Services Provider PowerObjects {{!}} HCL Technologies|website=www.hcltech.com|access-date=22 July 2016|url-status=live|archive-url=https://web.archive.org/web/20160711023701/http://www.hcltech.com/press-releases/hcl-technologies-acquires-crm-services-provider-powerobjects|archive-date=11 July 2016}}</ref>

|-
|9
|2016
|Geometric Ltd
|PLM & Engineering Services
|India
|style="text-align:center;"|<ref>{{Cite web|url=http://www.hcltech.com/press-releases/engineering-and-rd-services/hcl-technologies-signs-definitive-agreement-acquire|title=HCL Technologies Signs Definitive Agreement to Acquire the Business of Geometric Limited {{!}} HCL Technologies|website=www.hcltech.com|url-status=live|archive-url=https://web.archive.org/web/20161010214307/http://www.hcltech.com/press-releases/engineering-and-rd-services/hcl-technologies-signs-definitive-agreement-acquire|archive-date=10 October 2016}}</ref><ref>{{Cite news|url=http://www.business-standard.com/article/companies/hcl-technologies-to-acquire-geometric-116040101311_1.html|title=HCL Technologies to acquire Geometric|date=2 April 2016|newspaper=Business Standard India|access-date=25 January 2017|url-status=live|archive-url=https://web.archive.org/web/20170120235658/http://www.business-standard.com/article/companies/hcl-technologies-to-acquire-geometric-116040101311_1.html|archive-date=20 January 2017}}</ref>
|-
|10
|17 January 2017
|Butler America Aerospace
|Engineering & Design
|United States
|<ref>{{Cite news|url=http://economictimes.indiatimes.com/news/company/corporate-trends/hcl-to-acquire-butler-america-aerospace-for-85-million/articleshow/54970372.cms|title=HCL to acquire Butler America Aerospace for $85 million – The Economic Times|newspaper=The Economic Times|access-date=25 January 2017|url-status=live|archive-url=https://web.archive.org/web/20170201205354/http://economictimes.indiatimes.com/news/company/corporate-trends/hcl-to-acquire-butler-america-aerospace-for-85-million/articleshow/54970372.cms|archive-date=1 February 2017}}</ref>
|-
|11
|25 April 2017
|Urban Fulfillment Services, LLC
|Business Process Outsourcing
|United States
|<ref>{{Cite news|title=HCL acquires Urban Fulfillment Services for $30 million |last=Agarwal |first=Surabhi |date=25 April 2017 |work= The Economic Times |access-date= 15 September 2017 |url= http://economictimes.indiatimes.com/tech/ites/hcl-acquires-urban-fulfillment-services-for-30-million/articleshow/58345394.cms }}</ref>
|-
|12
|5 September 2017
|ETL Factory Limited (Datawave)
|[[Engineering:Automation|Automation]]
|United Kingdom
|<ref>{{Cite news|url=http://economictimes.indiatimes.com/tech/ites/hcl-acquires-uk-based-data-management-platform-datawave/articleshow/60381911.cms|title=HCL acquires UK-based data management platform Datawave|last=Agarwal|first=Surabhi|date=6 September 2017|work=The Economic Times|access-date=15 September 2017|url-status=live|archive-url=https://web.archive.org/web/20170918025459/http://economictimes.indiatimes.com/tech/ites/hcl-acquires-uk-based-data-management-platform-datawave/articleshow/60381911.cms|archive-date=18 September 2017}}</ref><ref>{{Cite news|url=http://www.business-standard.com/article/companies/hcl-acquires-etl-factory-to-help-clients-accelerate-data-integration-117090600462_1.html|title=HCL acquires ETL Factory to help clients accelerate data integration|last=ANI|date=6 September 2017|work=Business Standard India|access-date=15 September 2017|url-status=live|archive-url=https://web.archive.org/web/20170915114415/http://www.business-standard.com/article/companies/hcl-acquires-etl-factory-to-help-clients-accelerate-data-integration-117090600462_1.html|archive-date=15 September 2017}}</ref>
|-
|13
|27 June 2018
|H&D International Group 
|IT and engineering services provider
|Germany
|<ref>{{Cite news|url=https://www.business-standard.com/article/companies/hcl-acquires-german-it-firm-h-d-118062700318_1.html|title=HCL signs pact to acquire IT firm H&D Group to expand presence in Germany|agency=Press Trust of India|date=27 June 2018|work=Business Standard India|access-date=27 June 2018}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/tech/ites/hcl-acquires-german-it-firm-hd/articleshow/64760547.cms|title=HCL Tech acquires H&D International for 30 mn euros|date=27 June 2018|work=The Economic Times|access-date=27 June 2018}}</ref>
|-
|14
|9 September 2019
|Sankalp Semiconductor
|Technology design services firm
|India
|<ref>{{Cite news|last=Agarwal|first=Surabhi|url=https://economictimes.indiatimes.com/tech/ites/hcl-tech-acquires-sankalp-semiconductor-for-rs-180-crore/articleshow/71054118.cms?from=mdr|title=HCL Tech acquires Sankalp Semiconductor for Rs 180 crore|date=9 September 2019|work=The Economic Times|access-date=19 March 2020}}</ref>
|-
|15
|14 January 2022
|[[Company:Starschema|Starschema]]
|Data services company
|Hungary/United States
|<ref>{{Cite news|title=HCL Technologies acquires Hungary's Starschema for $42.5 million|work=The Economic Times|url=https://economictimes.indiatimes.com/tech/information-tech/hcl-technologies-acquires-hungarys-starschema-for-42-5-million/articleshow/88899726.cms|access-date=2022-02-01}}</ref>
|-
|16
|9 May 2022
|Confinale AG
|digital banking and wealth management consulting specialist
|Zug Switzerland
|<ref>{{cite journal|date=9 May 2022|url=https://www.channele2e.com/investors/mergers-acquisitions/hcl-buys-confinale-ag/|title=HCL Technologies Acquires FinTch Consultanct Confinale AG|journal= Channel E2E|access-date=19 May 2022}}</ref>
|-
|17
|13 July 2023
|ASAP Group
|automotive engineering services provider
|INGOLSTADT, Germany
|<ref>{{cite journal|date=13 July 2023|url=https://www.hcltech.com/press-releases/hcltech-acquire-german-automotive-engineering-services-company-asap-group/|title=HCLTech To Acquire German Automotive Engineering Services Company ASAP Group|access-date=13 July 2023}}</ref>
|}

=== Joint ventures ===
On 23 July 2015, CSC (NYSE: CSC) and HCL Technologies (BSE: HCLTECH) announced a joint venture agreement to form a banking software and services company, Celeriti FinTech.<ref>{{cite web|url=http://www.businesswire.com/news/home/20150723006389/en/CSC-HCL-Form-Joint-Venture-Deliver-Digital|title=CSC and HCL Form Joint Venture to Deliver Digital Software and Services to Global Banking Clients|work=BusinessWire|date=23 July 2015|access-date=23 July 2015|url-status=live|archive-url=https://web.archive.org/web/20150727000158/http://www.businesswire.com/news/home/20150723006389/en/CSC-HCL-Form-Joint-Venture-Deliver-Digital|archive-date=27 July 2015}}</ref><ref>{{cite web|url=http://www.hcltech.com/about-us/hcl-csc-partnership|title=CeleritiFinTech|work=HCLTECH|url-status=live|archive-url=https://web.archive.org/web/20150709112048/http://www.hcltech.com/about-us/hcl-csc-partnership|archive-date=9 July 2015}}</ref>

In October 2017, [[Company:IBM|IBM]] struck a "strategic partnership" with HCL that had the latter firm take over development of the IBM [[Company:Lotus Software|Lotus Software]]'s Notes, Domino, Sametime and Verse collaboration tools.<ref>{{cite web  |website=The Register
|title=IBM offloads Notes and Domino to India's HCL Technologies
|url=https://www.theregister.co.uk/2017/10/30/ibm_hcl_notes_domino_partnership
|author=Simon Sharwood  |date=30 October 2017}}</ref>

===Partnerships===
On 9 June 2015, PC maker [[Company:Dell|Dell]] announced a strategic distribution partnership with HCL Infosystems.<ref name="DELL">{{cite news  |date=16 June 2015 |quote=PC maker Dell and IT services and distribution company HCL Infosystems on Tuesday announced a strategic distribution partnership.
|url=https://www.thehindu.com/business/hcl-infosystem-dell-sign-strategic-partnership/article7321773.ece
|title=HCL Infosystem, Dell sign strategic partnership
|author=Pradeesh Chandran|newspaper=The Hindu
}}</ref>

In October 2018, TransGrid signed a 5-year managed services deal with HCL Technologies for IT services delivery and providing outsourcing support, with the outsourcing teams to be based in Australia.<ref>{{Cite web|url=https://www.arnnet.com.au/article/647721/hcl-technologies-lands-five-year-deal-transgrid/|title=HCL Technologies lands five-year deal with TransGrid|website=ARN|access-date=19 February 2019}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/tech/ites/hcl-tech-bags-deal-from-australian-energy-major-transgrid/articleshow/66053618.cms|title=HCL Tech bags deal from Australian energy major TransGrid|date=3 October 2018|work=The Economic Times|access-date=19 February 2019}}</ref>

HCL Technologies signed a seven-year exclusive partnership with Temenos AG. The exclusive strategic agreement will be for non-financial services enterprises, where HCL was granted a license to develop, market, and support Temenos multi-experience development platform (MXDP).<ref>{{cite news |last1=Agarwal |first1=Surabhi |title=HCL Tech signs seven-year exclusive partnership with Temenos |url=https://economictimes.indiatimes.com/tech/ites/hcl-tech-signs-seven-year-exclusive-partnership-with-temenos/articleshow/76156977.cms |work=The Economic Times |date=2 June 2020}}</ref>

In March 2021, HCL Technologies expanded its partnership with Google Cloud to bring HCL Software's Digital Experience (DX) and Unica Marketing cloud-native platforms to Google Cloud.<ref>{{Cite press release|date=2021-03-02|title=HCL Technologies expands partnership with Google Cloud|via=Business Standard India|url=https://www.business-standard.com/article/news-cm/hcl-technologies-expands-partnership-with-google-cloud-121030201206_1.html|access-date=2021-03-12}}</ref>

== Operations ==
[[File:HCLTech Areas Served.png|thumb|right|A world-map showing the countries where HCLTech has operations.]]

HCLTech operates in 52 countries,<ref>{{cite web|title=HCL Technologies Wins Five-Year IT Managed Services Contract With SAI Global|url=http://www.cso.com.au/mediareleases/25393/hcl-technologies-wins-five-year-it-managed/|website=CSO|access-date=28 August 2015|url-status=live|archive-url=https://web.archive.org/web/20150815065235/http://www.cso.com.au/mediareleases/25393/hcl-technologies-wins-five-year-it-managed/|archive-date=15 August 2015}}</ref> including its headquarters in Noida, India. It has establishments in Australia, China, Hong Kong, India, Indonesia, Israel, Japan, Malaysia, New Zealand, Saudi Arabia, Singapore, South Africa, the United Arab Emirates, Qatar and Morocco. In Europe it covers Belgium, Bulgaria, Czech Republic, Denmark, Estonia and Romania<ref>{{cite news|title=HCL Opens Centre in Estonia|url=http://economictimes.indiatimes.com/tech/ites/hcl-opens-centre-in-estonia/articleshow/50032194.cms|newspaper=The Economic Times|date=3 December 2015|access-date=4 December 2015|url-status=live|archive-url=https://web.archive.org/web/20161102064211/http://economictimes.indiatimes.com/tech/ites/hcl-opens-centre-in-estonia/articleshow/50032194.cms|archive-date=2 November 2016}}</ref> Finland, France, Germany, Italy, Lithuania, Netherlands, Norway, Poland, Sweden, Switzerland, Portugal, and United Kingdom. In the Americas, the company has offices in Brazil, Canada, Mexico, Puerto Rico, Guatemala, and United States.

Cary, North Carolina is the base for the American operation and as the Cary Global Delivery Center.<ref>{{Cite web |title=The City of Cary {{!}} HCL Technologies |url=https://www.hcltech.com/careers/jobs-in-united-states/cary |access-date=2022-03-02 |website=www.hcltech.com |language=en}}</ref>

=== Business lines ===
[[File:HCL Technologies logo.svg|thumb|Old logo of the company which was used until 2022]]
# Applications Service and Systems Integrations <ref>{{cite news|title=HCL Tech bets big on apps business for growth|url=http://www.thehindubusinessline.com/info-tech/hcl-tech-bets-big-on-apps-business-for-growth/article6753973.ece|access-date=28 August 2015|work=Business Line|date=4 January 2015}}</ref>
# BPO/Business Services: This division has "''delivery centres''" in India, Philippines, Latin America, USA, HCL<ref>{{cite news|title=HCL Technologies Q3 profit jumps 73 pc, beats estimates
|url=https://economictimes.indiatimes.com/markets/stocks/earnings/hcl-technologies-q3-profit-jumps-73-pc-beats-estimates/articleshow/19590532.cms  |access-date=22 January 2019
|work=The Economic Times |date=17 April 2013}}</ref> BPO Northern Ireland, and Europe.<ref name="HCL Armagh">{{citation
  |title=Foster meets HCL President in Delhi|date=21 September 2009
  |url=http://www.investni.com/news/foster-meets-hcl-president-in-delhi.html
  |access-date=9 June 2016 |website=Invest Northern Ireland |url-status=live
  |archive-url=https://web.archive.org/web/20160807132735/http://www.investni.com/news/foster-meets-hcl-president-in-delhi.html
  |archive-date=7 August 2016 }}</ref><ref>{{cite news
  |title=We continue to strive for a margin range of 21–22 per cent: Anil Chanana, CFO, HCL Technologies
  |url=https://economictimes.indiatimes.com/opinion/interviews/we-continue-to-strive-for-a-margin-range-of-21-22-per-cent-anil-chanana-cfo-hcl-technologies/articleshow/48327606.cms
  |access-date=22 January 2019 |work=The Economic Times  |date=3 August 2015}}</ref><ref>{{cite news
  |title=HCL Tech: a firm whose business fundamentals are still strong
  |url=http://www.thehindubusinessline.com/markets/stock-markets/hcl-tech-a-firm-whose-business-fundamentals-are-still-strong/article6777991.ece|access-date=28 August 2015 |work=Business Line
  |date=11 January 2015}}</ref>
# Engineering and R&D Services (ERS)<ref>{{cite news|title=HCL Tech extends lead over its peers in engg, R&D services
  |url=http://www.thehindubusinessline.com/info-tech/hcl-tech-extends-lead-over-its-peers-in-engg-rd-services/article3017268.ece
  |access-date=28 August 2015 |work=Business Line|date=20 March 2012}}</ref><ref>{{cite news
|title=HCL partners Tele2 to tap IoT opportunities
|url=http://timesofindia.indiatimes.com/tech/tech-news/HCL-partners-Tele2-to-tap-IoT-opportunities/articleshow/46467642.cms
|access-date=28 August 2015|work=The Times of India
|date=28 August 2015 |url-status=live
|archive-url=https://web.archive.org/web/20150308203619/http://timesofindia.indiatimes.com/tech/tech-news/HCL-partners-Tele2-to-tap-IoT-opportunities/articleshow/46467642.cms|archive-date=8 March 2015}}</ref>
# Infrastructure Management Services (IMS)
# IoT WoRKS <ref>{{cite web|title=HCL Technologies – IoT WoRKS|url=https://www.hcltech.com/Internet-of-Things-IoT/|website=HCL Technologies – IoT WoRKS|access-date=13 April 2017|url-status=live|archive-url=https://web.archive.org/web/20170413235442/https://www.hcltech.com/Internet-of-Things-IoT/|archive-date=13 April 2017}}</ref><ref>{{cite web|title=HCL Technologie – IoT MIT Report|url=https://www.hcltech.com/sites/default/files/hcl_mit_ese_iot_paper.pdf|website=HCL Technologies – IoT WoRKS|access-date=13 April 2017|url-status=live|archive-url=https://web.archive.org/web/20170413235604/https://www.hcltech.com/sites/default/files/hcl_mit_ese_iot_paper.pdf|archive-date=13 April 2017}}</ref>
# DRYiCE<ref name=":0">{{Cite web|url=https://www.hcltech.com/autonomics-and-orchestration|title=Autonomics And Orchestration {{!}} HCL Technologies|website=www.hcltech.com|language=en|access-date=28 June 2017|url-status=live|archive-url=https://web.archive.org/web/20170826071342/https://www.hcltech.com/autonomics-and-orchestration|archive-date=26 August 2017}}</ref><ref>{{Cite news|url=http://www.thehindubusinessline.com/companies/announcements/others/hcl-technologies-wins-best-ai-innovator-aiconics-award-for-dryice/article9180160.ece|title=HCL Technologies Wins Best AI Innovator AIconics Award for DRYiCE|date=3 October 2016|work=Business Line|access-date=28 June 2017|language=en|url-status=live|archive-url=https://web.archive.org/web/20180502174431/https://www.thehindubusinessline.com/companies/announcements/others/hcl-technologies-wins-best-ai-innovator-aiconics-award-for-dryice/article9180160.ece|archive-date=2 May 2018}}</ref>
# Digital & Analytics and e-publishing <ref>{{Cite web|url=https://www.hcltech.com/digital-analytics-services|title=Digital & Analytics Services {{!}} HCL Technologies|website=www.hcltech.com|language=en|access-date=28 June 2017|url-status=live|archive-url=https://web.archive.org/web/20170602215500/https://www.hcltech.com/digital-analytics-services|archive-date=2 June 2017}}</ref><ref>{{Cite web|url=https://www.hcltech.com/digital-process-operations/hcl-media-publishing-and-entertainment-services|title=MEDIA, PUBLISHING AND ENTERTAINMENT SERVICES {{!}} HCL Technologies|website=www.hcltech.com|language=en|access-date=15 April 2021}}</ref>
# Cybersecurity and GRC Services<ref>{{Cite web|url=https://www.hcltech.com/it-infrastructure-management/it-and-cyber-security-grc-solutions|title=Cyber Security & GRC Services {{!}} HCL Technologies|website=www.hcltech.com|language=en|access-date=28 June 2017|url-status=live|archive-url=https://web.archive.org/web/20170607105848/https://www.hcltech.com/it-infrastructure-management/it-and-cyber-security-grc-solutions|archive-date=7 June 2017}}</ref>
#Financial Risk & Compliance Solutions

===Infrastructure Services Division===
A subsidiary of HCLTech, '''HCL Infrastructure Services Division''' ('''ISD''') is an IT services company. Headquartered in Delhi, NCR, India, HCL ISD was instituted in 1993 with the objective to address the demand for cost-effective management of technology infrastructure across geographically dispersed locations. 
HCL ISD, also known as '''HCL Comnet Systems and Services''' Ltd. in India, diversified ito provide enterprise IT infrastructure globally in 1993 winning the first order to establish India's first floorless stock exchange<ref>{{Cite web|date=2012-03-22|title=Economic Times Hindi|url=http://hindi.economictimes.indiatimes.com/cmpnewsdisp.cms?companyID=4291&newsid=40719|archive-url=https://web.archive.org/web/20120322070640/http://hindi.economictimes.indiatimes.com/cmpnewsdisp.cms?companyID=4291&newsid=40719|url-status=dead|archive-date=2012-03-22|access-date=2021-12-16}}</ref><ref>{{Cite web|date=2010-07-26|title=Dataquest : Focus : Infrastructure Management : Opportunity during Tough Times|url=http://dqindia.ciol.com/content/industrymarket/focus/2009/109030601.asp|archive-url=https://web.archive.org/web/20100726134341/http://dqindia.ciol.com/content/industrymarket/focus/2009/109030601.asp|url-status=dead|archive-date=2010-07-26|access-date=2021-12-16}}</ref><ref>{{cite web|url=http://findarticles.com/p/articles/mi_pwwi/is_200710/ai_n21032005/ |title=CBSi |via=Find Articles |access-date=22 February 2017}}</ref>

=== United Kingdom and Ireland ===
On 7 September 2005, HCLTech expanded its operations base in County Armagh and [[Place:Belfast|Belfast]] in Northern Ireland. At the 2006 UK Trade and Investment India Business Awards in New Delhi, the then UK Prime Minister Tony Blair announced the expansion, which was aimed at creating more IT and BPO jobs in the area. HCL acquired the Armagh-based AnswerCall Direct earlier in 2005.<ref>{{cite web | url=http://www.investni.com/news/prime-minister-announces-600-new-jobs-for-armagh-and-belfast.html | title=Prime Minister Announces 600 New Jobs for Armagh and Belfast | publisher=Invest NI | date=8 September 2005 | access-date=29 June 2016 | url-status=live | archive-url=https://web.archive.org/web/20160815032711/http://www.investni.com/news/prime-minister-announces-600-new-jobs-for-armagh-and-belfast.html | archive-date=15 August 2016 | df=dmy-all }}</ref> HCL BPO services in Ireland are carried out through its main delivery centres in Armagh and Belfast.<ref>{{cite web|url=http://www.computerworld.com/article/2557035/it-outsourcing/india-s-hcl-to-add-600-staff-in-northern-ireland.html|title=India's HCL to add 600 staff in Northern Ireland|first=John|last=Ribeiro|date=8 September 2005|url-status=live|archive-url=https://web.archive.org/web/20160817160234/http://www.computerworld.com/article/2557035/it-outsourcing/india-s-hcl-to-add-600-staff-in-northern-ireland.html|archive-date=17 August 2016}}</ref> In November 2011, after HCL revealed an expansion plan in County Kilkenny in Ireland, its Business Process Outsourcing (BPO) division in Northern Ireland won a contract for back-office services from the Department of Health. It was aimed at increasing the number of jobs and other employment opportunities in the region.<ref>{{citation|url=https://www.bbc.com/news/uk-northern-ireland-17064273|last1=Fitzpatrick|first1=Jim|date=16 February 2012|publisher=BBC|access-date=10 June 2016|title=HCL won £18m contract from Department of Health|url-status=live|archive-url=https://web.archive.org/web/20160729084732/http://www.bbc.com/news/uk-northern-ireland-17064273|archive-date=29 July 2016}}</ref>

===Sri Lanka===
HCL announced on 16 June 2020 that it had commenced operations in Sri Lanka.<ref>{{cite news |title=HCL Technologies marks 500 workforce milestones during six months of operations in Sri Lanka |url=https://indiaeducationdiary.in/hcl-technologies-marks-500-workforce-milestones-during-six-months-of-operations-in-sri-lanka/ |work=India Education Diary |date=24 March 2021}}</ref> The company plans to create 2,000 jobs in the country within the first 18 months of operations.<ref>{{cite web |title=HCL Technologies starts operations in Sri Lanka, to create over 1,500 employment opportunities – ET Telecom |url=https://telecom.economictimes.indiatimes.com/news/hcl-technologies-starts-operations-in-sri-lanka-to-create-over-1500-employment-opportunities/76408968 |website=ETTelecom.com |access-date=11 July 2020 |language=en}}</ref>

== HCL Infosystems ==
HCL Enterprise's subsidiary, HCL Infosystems,<ref>sometimes referred to by the name HCL Infosystem</ref> was formed in 1976 to produce calculators.<ref>{{cite news
|title=Envisioning IT in Every Home
|url=http://www.cio.in/ceo-interviews/hcls-ajai-chowdhry-envisions-it-every-home
|work=CIO India|language=en}}</ref>

==See also==
* List of IT consulting firms
* List of public listed software companies of India
* Software industry in Telangana
* Information technology in India
* List of Indian IT companies

== References ==
{{Reflist}}

== External links ==


[[Category:Computer hardware companies]]

{{Sourceattribution|HCLTech}}