HCL's acquires Cisco's SON tech for $49 million; to boost 5G tech deployment
The acquisition, which comprises of products and services built on Cisco’s SON technology, will help HCL cater to customers in the telecommunications industry as SON has become a major component in the move towards 5G networks, including tier-one communications service providers globally.
by Surabhi Agarwal
New Delhi: Country's third largest software services firm HCL Technologies has announced the acquisition of Cisco’s Self-Optimizing Network (SON) technology in an all cash deal for $49 million.
The acquisition, which comprises of products and services built on Cisco’s SON technology, will help HCL cater to customers in the telecommunications industry as SON has become a major component in the move towards 5G networks, including tier-one communications service providers globally.
As part of the deal, employees who work on Cisco’s SON technology will move from Cisco to HCL.
“HCL’s decision to make this acquisition comes in line with our Mode 3 strategy.
As we expand our footprint in this space and support the mobility needs of our customers; the SON products and services will now be included in our telecommunications offerings. This will gain further importance with 5G networks,” said Sukamal Banerjee, Corporate Vice President, HCL Technologies.
The Cisco SON technology uses machine learning and a set of applications to automate the Radio Access Network (RAN). It helps customers boost performance, harmonize the multiple technologies that comprise a RAN, and maximize the capabilities of?existing infrastructures, resulting in reduced capital and operational expenditures.
“We are proud to lead the next phase of the Cisco SON business journey, especially regarding 5G, and look forward to supporting new and existing customers with continued innovation,” he added.