Also they commissioned their second state-of-the-art manufacturing facility at Sedrapet in Pondicherry during the year 1996-97.During the year 1997-98 the company acquired the business of HCL Infosolutions Ltd HCL Peripherals Ltd and the Customer Support activities of HCL Automation Ltd.
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They set up two Software Technology Park units one in Chennai Tamilnadu and the other in Noida Uttar Pradesh for software development and exports during the year 1994-95.
Simultaneously the name of the company changed from HCL Ltd to HCL Hewlett-Packard Ltd.During the year 1993-94 the company launched the entire range of HP peripherals with tremendous success.
During the year 1991-92 Hewlett-Packard Company acquired 26% equity stake in the company. During the year 1987-88 HCL Employees Investment Co Ltd and HCL Finance & Investment Ltd became the subsidiaries of the company.In April 1991 the computer entered into a joint venture agreement with Hewlett-Packard Company of USA to align the computer operations of both companies in India. In May 1986 the company took over Hindustan Computers Hindustan Reprographics Hindustan Instruments and Indian Computer Software Company. They offer value-added services in the key areas such as system integration networking consultancy and a wide range of support services.HCL Infosystems Ltd was incorporated in the year 1986 as HCL Ltd. The company is among the leading players in all the segments comprising the domestic IT products solutions and related services which include PCs Servers Imaging Voice & video solutions Networking Products TV and FM Broadcasting solutions Communication solutions System Integration ICT education & training Digital lifestyle Solutions and Peripherals. HCL Infosystems Ltd is India's premier information enabler and country's leading ICT system integrator and distribution company.