October 13, 2017 / 12:54 PM / 2 months ago

BRIEF-HCL Technologies announces IP partnership with DXC Technology

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 Source text - bit.ly/2g7Io3I Further company coverage:

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