HCL Technologies Limited has informed the Exchange regarding 'Release - HCLTech and Equinor expand digital collaboration '.
HCLTECH · price
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HCLTech has expanded its IT collaboration with Equinor, Europe's largest energy supplier, to support Equinor's digital transformation. The expanded engagement covers cloud migration, cyber resilience, workplace automation, and augmented reality technologies. The two companies have a decade-long working relationship that has evolved from managed services into a long-term strategic collaboration. HCLTech, which has over 223,000 employees across 60 countries and reported $13.8 billion in trailing 12-month revenue (ending March 2025), positions this as part of its broader enterprise digital services growth.
Reinforces HCLTech's presence in the European energy vertical and its ability to deepen wallet share with a marquee global client, which is mildly positive for sentiment but unlikely to move the stock materially given no financial details were disclosed.