PR: “ARMONK, N.Y. and NOIDA, India, Dec. 6, 2018 /PRNewswire/ — IBM (NYSE: IBM) and HCL Technologies (HCL) today announced a definitive agreement under which HCL will acquire select IBM software products for $1.8 billion. The transaction is expected to close by mid-2019, subject to completion of applicable regulatory reviews. The software products in scope represent a total addressable market of more than $50 billion.”
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Source: The Loadstar