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Friday, 24 March2023

HCL acquires Cisco's SON tech to boost 5G tech deployment

HCL acquires Cisco's SON tech to boost 5G tech deployment

<p>HCL Technologies has acquired Cisco&rsquo;s Self-Optimizing Network technology in an all-cash deal for $49 mn. The acquisition, which includes products and services built on the tech, will help HCL to cater to its telecom clients, as SON has become a major component of 5G network. Employees working on SON tech will move to HCL, as part of the deal. SON technology uses ML and a set of apps to boost performance, harmonise multiple technologies.</p>

Read full story at The Economic Times
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