New unit comes to market as a result of India-based company acquiring seven IBM product lines
HCL Technologies is making a big push into the enterprise software market and channel with the acquisition of a basket of IBM products and business units that will propel the company into the security, marketing, commerce, and digital solutions segments.
The Lowdown: HCL, an $8.6 billion company based in India, announced July 1 the launch of HCL Software, a new effort to expand upon the existing products and services offered through its Products and Platforms division. HCL isn’t specific on what it plans to do with the IBM assets and partners, but says the goal of HCL Software is “to reshape the enterprise software business, focused on innovation and cutting-edge delivery for customer success.”
The Details: Through the acquisition, HCL is taking on several well-known and established IBM units and products that span a diverse technology spectrum. HCL is picking up BigFix for patch management, AppScan for vulnerability scanning and management, Commerce for e-commerce platforms, Connections for collaboration enablement, Digital Experience for portal and content management, Notes Domino for server-based collaboration, and Unica for multi-channel marketing management. HCL believes the products picked up from IBM have growth potential. IBM believes transferring these products to HCL will free resources for the continued development of its cloud and hybrid computing strategy.
Background: HCL and IBM are longtime partners. HCL took over development of the Notes applications in 2017. IBM announced the sale of the various products and business units to HCL in December 2018. HCL is reportedly developing a new channel program to promote and support the IBM and HCL products offered through HCL Software.
The Buzz: “We are excited for the next phase of the HCL Software Business Unit and are confident that these products will see a good growth trajectory backed by our commitment to invest in product innovation and coupled with our strong client focus and agile product development,” said C Vijayakumar, president and CEO of HCL Technologies. “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,” said Darren Oberst, corporate vice president and head of HCL Software. “We are intensely customer-focused in our product road maps, 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.”