Broadcom Inc. and HCL Technologies Announce a Global Preferred Services Partnership | Financial Buzz

Broadcom Inc. and HCL Technologies Announce a Global Preferred Services Partnership

Broadcom
Inc. (NASDAQ: AVGO), a global technology leader that designs,
develops and supplies semiconductor and infrastructure software
solutions, and HCL
Technologies (HCL), a leading global technology company, today
announced a global preferred services partnership agreement.

Effective immediately, HCL becomes the preferred services partner for
Broadcom’s enterprise software products (part of former CA Technologies)
and will provide professional services, education and training
services. Broadcom customers will have access to HCL’s technological
expertise across consulting, implementation, upgrade and support
services. In addition, the majority of Broadcom’s professional services
personnel with expertise including Agile, CyberSecurity, and DevOps will
transition to HCL. Broadcom’s Mainframe and US Public Sector
professional services group will continue to operate as-is outside of
this partnership agreement.

“This partnership represents an important building block as we grow our
infrastructure software capabilities advanced by the acquisition of CA
Technologies last month,” said Hock Tan, President and Chief Executive
Officer of Broadcom. “We believe our partnership, which spans more than
a decade and HCL’s strength in Digital and IT Infrastructure will help
us jointly deliver the expertise needed to support our customer’s
mission-critical infrastructure software.”

“This collaboration highlights our strong and growing relationship with
Broadcom,” said C Vijayakumar, President and CEO, HCL Technologies. “We
will create a new Center of Excellence with dedicated focus on Broadcom
enterprise software products to provide broad capabilities and solutions
for a superior customer experience. This will also create another strong
differentiating edge to our existing IT Services portfolio.”

The partnership between HCL and Broadcom aligns to HCL’s overall growth
strategy for its high-momentum Mode 2 services in the Digital, Cloud and
Cybersecurity space.

About Broadcom Inc.

Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs,
develops and supplies a broad range of semiconductor and infrastructure
software solutions. Broadcom’s category-leading product portfolio serves
critical markets including data center, networking, software, broadband,
wireless, storage and industrial. For more information, go to www.broadcom.com.

About HCL Technologies

HCL Technologies (HCL) is a leading global technology company that helps
global enterprises re–imagine and transform their businesses through
Digital technology transformation. HCL operates out of 43 countries and
has consolidated revenues of US$ 8.2 billion, for 12 Months ended 30th
September 2018. HCL focuses on providing an integrated portfolio of
services underlined by its Mode 1–2–3 growth strategy. Mode 1
encompasses the core services in the areas of Applications,
Infrastructure, BPO and Engineering & R&D services, leveraging DRYiCE™
Autonomics to transform clients’ business and IT landscape, making them
‘lean’ and ‘agile’. Mode 2 focuses on experience–centric and
outcome–oriented integrated offerings of Digital & Analytics, IoT
WoRKS™, Cloud Native Services and Cybersecurity & GRC services to drive
business outcomes and enable enterprise digitalization. Mode 3 strategy
is ecosystem–driven, creating innovative IP–partnerships to build
products and platforms business. HCL leverages its global network of
integrated co-innovation labs and global delivery capabilities to
provide holistic multi–service delivery in key industry verticals
including Financial Services, Manufacturing, Telecommunications, Media,
Publishing, Entertainment, Retail & CPG, Life Sciences & Healthcare, Oil
& Gas, Energy & Utilities, Travel, Transportation & Logistics and
Government. With 127,875 professionals from diverse nationalities, HCL
focuses on creating real value for customers by taking ‘Relationships
Beyond the Contract’. For more information, please visit www.hcltech.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20181203005882/en/