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HCLSoftware expands AI portfolio through dual acquisitions
HCLSoftware acquired Wobby and Jaspersoft to expand its AI and analytics capabilities, strengthening its enterprise software portfolio.
HCLSoftware completed two acquisitions to strengthen its AI and analytics offerings, purchasing agentic AI firm Wobby for $5.3 million and business intelligence platform Jaspersoft for $240 million. The deals aim to enhance enterprise automation and reporting capabilities. The software arm plans to integrate AI-driven efficiencies into its product stack amid competitive IT spending conditions.