23 Dec 2025 | 5 Mins Read
HCLTech to Acquire Jaspersoft for $240 mn
Flipitmoney
HCLSoftware, a division of HCLTech, acquires Jaspersoft from Cloud Software Group for USD 240 mn. The acquisition will strengthen HCLSoftware's Data and AI division, Actian, by offering end-to-end data management and expanding its reach in the global developer community. Jaspersoft provides embedded analytics and reporting tools in regulated sectors such as govt, banking, and financial services.