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flag HCLSoftware to acquire Jaspersoft for $400M to boost AI and analytics in regulated industries.

flag HCLSoftware, a unit of HCLTech, announced it will acquire Jaspersoft from Cloud Software Group, with the deal expected to close within six months. flag The acquisition aims to strengthen HCLSoftware’s Data & AI division, Actian, by adding Jaspersoft’s embedded analytics and precise reporting tools, particularly for regulated sectors like banking and government. flag The move supports growing demand for AI-powered, self-service business intelligence and seamless integration of analytics into customer applications. flag HCLSoftware serves over 20,000 organizations globally, including most Fortune 100 companies.

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