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Cisco & HCL announce unique royalty model

Published Date: 
Feb 27, 2006
Chennai, 27 February 2006: HCL Technologies Ltd (“HCL”), a leading global Information Technology solutions provider, has announced a unique Royalty model with  Cisco Systems, Inc., the world leader in the networking space. Under this model, Cisco has licensed HCL the Intellectual Property (IP) for one of its network management products—with HCL being completely responsible for the engineering of the product. The announcement comes as the two companies marked the completion of  10-years of their partnership—one of the  largest and longest Product Engineering engagements in the history of Indian IT.
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