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HCLSoftware to acquire Jaspersoft for $240 million
The Business Guardian
|December 24, 2025
HCLSoftware, the software business division of HCLTech, announced it will acquire Jaspersoft, a business unit of US-headquartered Cloud Software Group and provider of a leading embedded analytics and pixel-perfect reporting platform.
According to the company statement, HCLSoftware's Data and AI division (Actian) is seeing increased demand for its metadata management, data catalog and data governance solutions and has demonstrated good growth over the last five years, driven by enterprise data management solutions. The acquisition, according to HCLTech, will further enhance Actian’s proposition by enabling an end-to-end, immersive data management experience, while expanding reach through a large, global developer community comprised of data engineers and architects actively building, deploying and extending data platforms across the modern enter
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