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Indian software firm expands AI capabilities through acquisition
HCLSoftware acquired agentic AI startup Wobby for $5.
HCLSoftware agreed to acquire agentic AI startup Wobby for approximately $5.3 million, strengthening its artificial intelligence product portfolio. The deal reflects ongoing consolidation in enterprise AI tools as software firms seek faster deployment capabilities. Transaction pricing highlights moderation in AI valuations compared with earlier deal cycles, amid selective growth investments.