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HCL Technologies to acquire IBM’S Software product

The country’s third largest software services firm HCL Technologies has announced on Thursday that it will acquire IBM software products for $1.8 billion.  The acquisition which is the largest in the history of HCL is expected to close by mid-2019. HCL Technology said that the product in which HCL is acquiring is in large growing market areas like securities, marketing, and commerce. The products which represent a total addressable market of more than $50 billion includes, App scan for secure application development, BigFix for secure device management, Unica for marketing automation,…

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