HCLSoftware Boosts Data & AI with Jaspersoft Acquisition

HCLSoftware plans to acquire Jaspersoft from Cloud Software Group, enhancing its Data & AI division. This move integrates Jaspersoft’s embedded analytics and detailed reporting, strengthening Actian’s solutions. CEO Marc Potter highlights the importance of AI-powered, flexible business intelligence as GenAI adoption accelerates. Steven Schneider believes HCLSoftware is a strategic fit, ensuring Jaspersoft will continue serving customers effectively. The acquisition is expected within six months.