HCL Technologies Limited has informed the Exchange regarding 'Release - Astemo Cypremos partners with HCLTech to accelerate autonomous and smart vehicles ecosystem '.
HCLTECH · price
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HCLTech has announced a multi-year partnership with Astemo Cypremos, a subsidiary of Astemo Ltd. that specializes in software and cloud services for vehicles. Under the deal, HCLTech will help Cypremos transition to a software-defined vehicle (SDV) model using its proprietary platforms including TestSphere for software testing, AI Force for GenAI-led services, and Cloud Bridge for cloud engineering. The engagement is expected to serve millions of end users across 150 countries, and early pilot programs have already shown significant reductions in validation cycle times and improved ROI. HCLTech highlighted that this collaboration strengthens its position in the automotive software and engineering services space, leveraging its global delivery capabilities.
This is a positive development for HCLTech as it expands its footprint in the fast-growing autonomous and software-defined vehicle market through a marquee partnership with a major automotive tech player. While no deal value was disclosed, the multi-year, multi-country scope signals meaningful revenue potential and reinforces HCLTech's engineering and digital services portfolio.