HCLSoftware to buy Jaspersoft and Wobby for Actian division growth
Yahoo Finance·2025-12-23 09:40

Core Insights - HCLSoftware, a unit of HCLTech, is acquiring Jaspersoft and Wobby to enhance its Actian data and AI division [1][6] - The acquisitions aim to broaden data management capabilities and expand the developer community [1][4] Group 1: Jaspersoft Acquisition - Jaspersoft specializes in embedded analytics and reporting solutions, widely used in government, banking, and financial services sectors [2] - The acquisition is expected to be completed within six months of contract signing [2] - Actian will leverage Jaspersoft to provide AI-powered embedded analytics, enabling high-volume reports and interactive dashboards [4] Group 2: Wobby Acquisition - Wobby is a Belgian startup focused on AI-powered data analyst agents for data warehouses [4] - The acquisition will allow customers to query complex datasets using natural language and receive analytical insights efficiently [5] - Wobby's technology supports the knowledge graph functions of Actian's Data Intelligence Platform, with completion expected by February 2026 [5][6]