HCL Announces New Power Architecture(TM) Design Center; HCL to Provide Power Architecture Based System Solutions to OEMs
NEW DELHI, India—(BUSINESS WIRE)—Nov. 17, 2005—
HCL Technologies ("HCL") today announced an agreement
with IBM under which it has acquired to right to use and sublicense
IBM's PowerPC 405 and PowerPC 440 embedded microprocessor cores and
certain associated peripheral cores. HCL intends to use these
newly-acquired license rights to establish itself as the first Power
Architecture(TM) Design Center outside an IBM business line. Over the
years, IBM's Power Architecture technology has proven to be the best
fit architecture for a variety of applications. The objective of the
design center is to expand Power Architecture designs in additional
applications including networking, wireless and consumer devices.
HCL has been providing system design solutions including VLSI and
hardware designs in vertical industries such as Consumer, Telecom, as
well as storage domains. Complementing this capability, HCL will now
offer to OEMs a wide range of Power Architecture System-on-Chip (SoC)
Solutions, including sub-licensing of the IBM PowerPC 405 and PowerPC
440 embedded microprocessor cores, Open SystemC models, core hardening
and integration services, SoC prototyping services, software
development platform services and system prototyping services. In
addition, HCL intends to provide customers access to high performance
peripheral cores with a native CoreConnect interface, the open system
bus architecture available from IBM.
"IBM's goal is to make Power Architecture solutions as pervasive
and open as possible," said Ron Martino, IBM's Director of Power
Products, "This strategy applies not only to our architecture, but
extends to our ecosystem of alliance associates and our routes to
market. We are pleased to be assisting HCL to open this Power
Architecture(TM) Design Center with HCL."
"This alliance helps HCL further expand its credentials as a
premier design house and is in line with our strategy to offer
superior customer value and transformational R&D services. We're
excited about the opportunity to offer Power Architecture based end to
end design solutions to OEMs. The combination of access to the PowerPC
405 and PowerPC 440 embedded microprocessor cores and HCL's design
solutions will allow a new technology alternative and with time to
market and cost advantages to customers," said Divakar Maddipatla,
Corporate Vice President & Head - Semiconductor Practice at HCL.
Shiv Nadar, Founder HCL, commenting on the alliance added, "The
HCL Team and I are very pleased to be selected as IBM's first partner
to set up a design centre outside of IBM. This initiative shall
receive my team's highest attention to ensure its success."
About HCL Technologies
HCL Technologies is one of India's leading global IT Services
Company, providing software- led IT solutions, BPO and Remote
Infrastructure Management services. Making a foray into the services
domain in 1997-98, HCL Technologies focuses on technology and R&D
outsourcing, working with clients in areas at the core of their
business. The company leverages an extensive offshore infrastructure
and its global network of 26 offices in 15 countries to deliver
solutions across select verticals including Banking, Insurance, Retail
& Consumer, Aerospace, Automotive, Semiconductors, Telecom and Life
Sciences. For the twelve month period ended 30th September 2005, HCL
Technologies along with its subsidiaries had revenues of US $814
million (Rs.3,584cr) and employed 26,285 professionals. For more
information, please visit www.hcltech.com
About HCL Enterprise
HCL Enterprise is a leading Global Technology and IT enterprise
with annual revenues of US $2.7 billion (Rs.12,000 cr). The HCL
Enterprise comprises two companies listed in India - HCL Technologies
& HCL Infosystems. The 3-decade-old enterprise, founded in 1976, is
one of India's original IT garage start-ups. Its range of offerings
span Product Engineering, Technology and Application Services, BPO,
Infrastructure Services, IT Hardware, Systems Integration, and
distribution of technology and telecom products. The HCL team
comprises 30,000 professionals of diverse nationalities, who operate
from 15 countries including 300 points of presence in India. HCL has
global partnerships with several leading Fortune 1000 firms, including
leading IT and Technology firms. For more information please visit
www.hcl.in .
Other product or service names mentioned herein are the trademarks
of their respective owners.
Forward-Looking Statements
Certain statements in this release are forward-looking statements,
which involve a number of risks, and uncertainties that could cause
actual results to differ materially from those in such forward-looking
statements. The risks and uncertainties relating to these statements
include, but are not limited to, risks and uncertainties regarding
fluctuations in earnings, our ability to manage growth, intense
competition in IT services including those factors which may affect
our cost advantage, wage increases in India, our ability to attract
and retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, our ability to manage our international
operations, reduced demand for technology in our key focus areas,
disruptions in telecommunication networks, our ability to successfully
complete and integrate potential acquisitions, liability for damages
on our service contracts, the success of the companies/ entities in
which we have made strategic investments, withdrawal of governmental
fiscal incentives, political instability, legal restrictions on
raising capital or acquiring companies outside India, and unauthorized
use of our intellectual property and general economic conditions
affecting our industry. The company does not undertake to update any
forward-looking statement that may be made from time to time by or on
behalf of the company.
Contact:
HCL Technologies
Manisha Singh, +91-120-2520917
Email Contact
or
genesis PR
Nora Pradhan, +91 9899878182
Email Contact
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