Indian services group HCL announces the biggest tech deal in the subcontinent as it pays $1.8 billion for a select chunk of the IBM software portfolio, including Lotus Notes, Appscan and Domino.
"We continue to see great opportunities in the market to enhance our Mode-3 (Products and Platforms) offerings," the company says. "The products that we are acquiring are in large growing market areas like Security, Marketing and Commerce which are strategic segments for HCL. "Many of these products are well regarded by clients and positioned in the top quadrant by industry analysts."
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