Prøve GULL - Gratis
HCLTech arm to acquire Jaspersoft for ₹2,100 cr
Financial Express Mumbai
|December 24, 2025
HCLSOFTWARE, A SUBSIDIARY of HCLTech, has announced the acquisition of Jaspersoft from Cloud Software Group in an all-cash deal valued at $240 million (around ₹2,100 crore) to strengthen its data and AI software portfolio & expand its embedded analytics capabilities.
The transaction, structured as an asset carve-out, will see Jaspersoft become part of Actian, HCLSoftware's Data & AI division, the IT major said in an exchange filing.
The acquisition is expected to close within six months of signing, subject to regulatory approvals across multiple jurisdictions.
HCLSOFTWARE ALSO ANNOUNCED the acquisition of Wobby, an early-stage AI data analyst agents startup based in Belgium, for ₹4.5 million (around 40 crore) in an all-cash deal.
Denne historien er fra December 24, 2025-utgaven av Financial Express Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Mumbai
Financial Express Mumbai
Trump urges US giants to fix Venezuela's oil sector
ASKS FOR $100-BN INVESTMENT
2 mins
January 11, 2026
Financial Express Mumbai
Tradition with a twist
Couture houses, designers and brands alike are blending Indian craftsmanship with global ethos, leading to a marked rise in fusion wear this wedding season
5 mins
January 11, 2026
Financial Express Mumbai
EV push to electrify market in '26
THE ELECTRIC PASSENGER vehicle market is set to move closer to the mainstream in 2026 as the country's largest carmakers enter the segment and existing leaders widen their portfolios, building on the sharp expansion seen last year.
2 mins
January 11, 2026
Financial Express Mumbai
Budget likely to focus on debt goals & fiscal deficit
More investment, efficiency for high growth: EAC head 'Strong turnaround for banking'
2 mins
January 11, 2026
Financial Express Mumbai
DIY URBANISM
How residents are cleaning, greening and reclaiming their cities, one filthy river, dumping ground, or neglected corner at a time
9 mins
January 11, 2026
Financial Express Mumbai
Democracy in decay
How the ideals of the Constitution fail to percolate down to the masses
3 mins
January 11, 2026
Financial Express Mumbai
Greenland’s party leaders dismiss US control proposal
GREENLAND'S PARTY LEADERS have rejected President Donald Trump’s repeated calls for the US to take control of the island, saying that Greenland’s future must be decided by its people.
1 min
January 11, 2026
Financial Express Mumbai
Sebi nod to NSE IPO by month-end
THE SECURITIES AND Exchange Board of India (Sebi) is likely to issue by the end of this month a no-objection certificate (NoC) for the National Stock Exchange's (NSE) proposed public issue, bringing the much-anticipated IPO closer to reality.
2 mins
January 11, 2026
Financial Express Mumbai
Lemon Tree bifurcates businesses
LEMON TREE HOTELS on Saturday announced a reorganisation, leading to bifurcation of its businesses under two different entities.
1 mins
January 11, 2026
Financial Express Mumbai
A new sheriff in town
India is isolated among the five founders of BRICS and from Europe. Despite the boast of Vishwaguru, India is losing voice and relevance in world affairs. As a former Indian ambassador said, 'what India said would not make a difference'
4 mins
January 11, 2026
Listen
Translate
Change font size