US EditionHCLSoftware to Acquire Jaspersoft from Cloud Software Group
- HCLSoftware intends to acquire Jaspersoft from Cloud Software Group, enhancing its Data & AI division's offerings with embedded analytics and reporting capabilities.
- The acquisition is expected to close within six months of signing and will further expand HCLSoftware's global reach.
- Marc Potter, CEO of Actian, stated that customers want solutions that provide consistent analytics and flexibility.
- Jaspersoft is recognized for its industry-leading business intelligence solutions, particularly in regulated sectors like government and finance.
13 Articles
13 Articles
HCLSoftware to acquire business intelligence platform Jaspersoft for $240 million
HCLSoftware is set to acquire Jaspersoft for $240 million. This move will significantly strengthen HCLSoftware's Data & AI division, Actian. Jaspersoft offers a robust business intelligence and reporting platform. The acquisition aims to provide an immersive data management experience. It will also expand reach through a global developer community. Regulatory approvals are pending for the transaction.
HCLSoftware’s Actian acquires Wobby, Jaspersoft as it builds out data
By Larry DignanHCLSoftware said it will acquire Wobby, a startup focused on providing AI agents for data platforms and combine it with its Actian unit. Separately, HCLSoftware said it’s acquiring Jaspersoft from Cloud Software Group in a deal to build out Actian’s agentic AI toolset. Terms of the deals weren't disclosed Actian, the data and AI division of HCLSoftware, is seeing strong demand for its metadata, data catalog and governance tools. W…
Coverage Details
Bias Distribution
- 75% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
