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HCLSoftware to acquire Jaspersoft for $400M to boost AI and analytics in regulated industries.
HCLSoftware, a unit of HCLTech, announced it will acquire Jaspersoft from Cloud Software Group, with the deal expected to close within six months.
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.
The move supports growing demand for AI-powered, self-service business intelligence and seamless integration of analytics into customer applications.
HCLSoftware serves over 20,000 organizations globally, including most Fortune 100 companies.
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HCLSoftware adquirirá Jaspersoft por $ 400M para impulsar la IA y el análisis en las industrias reguladas.