Acquisitions23 Dec 2025, 02:02 am
HCLSoftware to Acquire Jaspersoft from Cloud Software Group for $240 Million
AI Summary
HCLSoftware, the software business division of HCLTech, has announced its intent to acquire Jaspersoft, a business unit of Cloud Software Group and provider of a leading embedded analytics and pixel-perfect reporting platform. The acquisition, valued at $240 million, is expected to close within six months and will enable HCLSoftware to accelerate its Agentic Business Intelligence roadmap of customers by adding embedded analytics and pixel-perfect reporting capabilities to its Data & Al division. Jaspersoft provides a comprehensive business intelligence and reporting platform that enables organizations to create pixel-perfect reports, interactive dashboards and advanced visualizations.
Key Highlights
- HCLSoftware to acquire Jaspersoft, a business unit of Cloud Software Group, for $240 million
- Acquisition will enable HCLSoftware to accelerate its Agentic Business Intelligence roadmap of customers
- Jaspersoft provides a comprehensive business intelligence and reporting platform
- Acquisition is expected to close within six months of signing
- Jaspersoft has approximately 115 employees globally who will transfer to HCLSoftware