CIOL:HCL Celestica forms JV

SUNNYVALE, CA: HCL Technologies Ltd (HCL), a global engineering, R&D, IT services and business process outsourcing firm, and Celestica Inc., electronics manufacturing services (EMS) company, have formed a joint venture to provide complete concept-to-manufacturing (C2M) solutions for original equipment manufacturers (OEMs).

First joint venture of this kind in electronics industry will provide a fully integrated product lifecycle solution to OEM customers – including product concept, design, engineering, manufacturing, fulfillment, sustaining engineering, reverse logistics and after-market services. HCL’s broad and scalable design engineering capabilities combined with Celestica’s existing strengths in hardware design for manufacturability and supply chain integration create an exciting new alternative for OEMs seeking time-to-market and total cost advantages, a HCL statement said.

“Our customers are increasingly being challenged to compress their concept-to-manufacturing schedule,” said Dave Tiley, senior vice president, Global Services, Celestica. “This exciting joint venture between two world-class companies creates a highly integrated, flexible offering that enables OEMs to focus on IP generation while Celestica and HCL focus on time-to-market and total cost of ownership.”

This joint venture cements an existing three-year relationship between the two companies, through which HCL and Celestica have provided integrated solutions to customers across the telecom, enterprise, consumer, medical, aerospace and semiconductor sectors.

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