United Kingdom

HCL Technologies announces IP partnership with DXC Technology

Friday, 13 Oct 2017 

Oct 13 (Reuters) - Hcl Technologies Ltd :Says ‍discontinuation of joint venture arrangement with DXC Technology​.Says entered into a new IP partnership with DXC ‍​.Says under IP partnership deal, co will acquire exclusive rights for 10 years for core banking products ‍​.Under IP partnership, co responsible for product development, modernsiation, maintenance, professional services of core banking products.Under IP partnership, DXC will be primarily responsible for sales, marketing and client relationship.