HCLSoftware to Acquire Jaspersoft, Bolstering Data & AI Analytics Portfolio

HCL Technologies Limited ( (IN:HCLTECH) ) just unveiled an update.

HCLSoftware, the software arm of Indian IT major HCLTech, has agreed to acquire Jaspersoft, the embedded analytics and pixel-perfect reporting business of Cloud Software Group, in a deal aimed at strengthening its Data & AI division, Actian. The move will add Jaspersoft’s established business intelligence and reporting platform—widely used in regulated sectors such as government, banking and financial services—to Actian’s growing metadata management, data catalog and data governance offerings, creating a more end-to-end, AI-powered data management and analytics stack. By combining Jaspersoft’s embedded analytics and high-volume reporting capabilities with Actian’s existing enterprise data management tools and large global developer community, HCLSoftware aims to accelerate customers’ adoption of agentic, self-service business intelligence and deepen its competitive positioning in the fast-evolving GenAI-driven analytics market; the transaction is expected to close within six months of signing, subject to customary conditions.

More about HCL Technologies Limited

HCLSoftware, the software business division of HCLTech, is a global provider of enterprise software solutions that integrate experience, data and operations to support the AI-driven “Digital+” economy. Its portfolio includes data management and analytics, application development and other mission-critical software products, serving more than 20,000 organizations worldwide, including most Fortune 100 companies and nearly half of the Fortune 500, with a focus on innovation, customer success and large-scale digital transformation.

Average Trading Volume: 128,053

Technical Sentiment Signal: Strong Buy

Current Market Cap: 4457.2B INR

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