Acquisitions13 Sept 2024, 02:45 am
HCL Technologies Completes Acquisition of Metadata Management Software Provider Zeenea for EUR 23.9 Million
AI Summary
HCL Technologies Ltd. has completed the acquisition of 100% stake in Zeena SAS, a software company based in France, Paris. The acquisition, which was initially announced in August 2024, has been finalized as of September 12, 2024. The enterprise valuation for the acquisition was adjusted to EUR 23.9 million.
Key Highlights
- HCL Technologies Ltd. has completed the acquisition of Zeena SAS, a software provider specializing in metadata management.
- The acquisition was finalized on September 12, 2024, with an adjusted enterprise valuation of EUR 23.9 million.
- Zeena SAS is headquartered in Paris, France.
- This acquisition is a strategic move by HCL Technologies to strengthen its offerings in the software and metadata management sector.
- The acquisition is in line with HCL Technologies' growth strategy and its commitment to delivering innovative solutions to its customers.