HCLTech Analysis: $1.2B Raised
What is HCLTech?
Global technology company with 223,000 employees
Employees
10001+
Founded
1976
Revenue
$40 million
Growth Rate
54.4%
Latest Funding Round Size
$1.174B
Product Features & Capabilities
- AI and Generative AI solutions
- Cloud services for digital transformation
- Engineering and R&D services
- Cybersecurity solutions
- Business Process Operations for operational efficiency
Use Cases
Enhance cybersecurity measures for enterprise clients; Accelerate cloud migration for businesses; Improve operational efficiency through automation; Transform digital workplace experiences; Drive data analytics for informed decision-making
How much HCLTech raised
Funding Round - $1.174B
RecentOther Considerations
Recognized as a Customers’ Choice in Gartner Peer Insights; Partnered with Pearson for skills development; Positioned as a leader in multiple industry analyst reports
Recent Acquisitions
- CrowdStrike: Acquired Adaptive Shield for approximately $300 million to enhance its Falcon cybersecurity platform.
- Palo Alto Networks: Acquired Dig Security for about $400 million, focusing on internal data security.
- Microsoft: Completed the acquisition of Activision Blizzard, valued at $68.7 billion, on October 13, 2023. This acquisition was initially announced in January 2022.
- IBM: No recent acquisitions found in the past year.
- Symantec: No recent acquisitions found in the past year.