HCLSoftware, the software business division of HCLTech, has announced its intent to acquire Jaspersoft, a business unit of Cloud Software Group and provider of an embedded analytics and pixel-perfect reporting platform.
“As GenAI adoption accelerates, our customers want business intelligence solutions that can deliver consistent analytics and reports and offer flexibility to fully own the analytics experience,” said Marc Potter, CEO Actian & Portfolio GM, HCLSoftware’s Data & AI division. “With Jaspersoft, Actian will provide seamless AI-powered embedded analytics with strong architectural flexibility, allowing high-volume pixel-perfect reports and interactive dashboards to be seamlessly integrated into customer-facing applications, driving scalable self-service business intelligence.”
“Jaspersoft has earned the trust of organizations worldwide through its embedded analytics capabilities,” said Steven Schneider, GM, Analytics business unit at Cloud Software Group. “We believe HCLSoftware is a strong strategic owner for the business and look forward to Jaspersoft continuing to serve customers under HCLSoftware’s ownership.”
Jaspersoft provides a comprehensive business intelligence and reporting platform that enables organisations to create pixel-perfect reports, interactive dashboards and advanced visualisations. Jaspersoft has consistently served as an industry leader for pixel-perfect reporting, making it the solution of choice for regulated industries such as government, banking and financial services.
The acquisition is expected to close within six months of signing.
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