Merck and HCL in $500 mn deal

NOIDA, INDIA: HCL Technologies Ltd. (HCL) has announced it has signed a five-year, $500 million strategic engagement with MSD (also known as Merck & Co., Inc. with headquarters in Whitehouse Station, NJ, USA), a global research-driven pharmaceutical company.

HCL will extend its existing relationship with MSD, dating back to 2004, to become an integral business & technology services partner and provide a multitude of services including software-led IT solutions, remote infrastructure management, engineering and business and knowledge process services.

“For five years, MSD has leveraged HCL’s extensive expertise in life sciences and healthcare to streamline operational efficiencies and consolidate its IT portfolio,” said Richard G. Branton, Vice President of Application Services, MSD. "As we continue to leverage global delivery services to meet our business imperatives, we have chosen HCL as our strategic partner for its depth of technology and pharmaceutical domain experience, coupled with its flexibility to engage and a commitment to deliver.”

“This is a landmark win for HCL, and we are proud that our growing leadership in pharmaceutical and healthcare, coupled with our previous delivery for MSD has positioned HCL as a strategic partner for MSD,” said Shami Khorana, president HCL Americas in the press release.  “We are committed to creating transformational value for MSD in this engagement and we look forward to playing a key role in the organization’s growth across global markets.”

MSD will leverage HCL's near-shore delivery network in the U.S. comprised of its operations center in Raleigh, North Carolina and its global data center delivery ecosystem, powered by its partner footprints across the globe.  As a result of this engagement, HCL will expand its U.S. team in North Carolina, relying on local hires to staff projects, thus creating jobs for the local community.  In total, HCL will deliver services out of 20 worldwide locations including USA, Poland, China and Brazil.