HCLSoftware Acquires Jaspersoft for $240M to Expand Analytics and Reporting Portfolio
HCLSoftwareDealroom has a profile for this one. Try Dealroom →, the enterprise software division of Indian technology group HCLTechDealroom has a profile for this one. Try Dealroom →, has agreed to acquire Jaspersoft, a business intelligence platform, from Cloud Software GroupDealroom has a profile for this one. Try Dealroom → for $240 million in cash.
The purchase is aimed at broadening HCLSoftware’s analytics and reporting capabilities and meeting growing demand from organisations seeking integrated BI tools across cloud and on-premise environments.
Jaspersoft, founded in 2001, offers embedded reporting, dashboards and visualisation tools that can be integrated into applications and workflows. Its BI suite has been deployed across sectors for operational reporting and interactive analytics.
In 2014, Jaspersoft was acquired by TIBCO SoftwareDealroom has a profile for this one. Try Dealroom → for $185 million, with the intention of strengthening TIBCO’s analytics portfolio alongside its Spotfire platform. Following the reorganisation of TIBCO under the Cloud Software Group umbrella in 2022, Jaspersoft became part of the group.
HCLSoftware is the product-focused arm of HCLTech, with offerings spanning enterprise middleware, digital experience, automation, and now enhanced analytics through this acquisition.
The division has pursued expansion in recent years through strategic deals and technology partnerships to broaden its suite of tools for large organisations undergoing digital transformation.
The acquisition of Jaspersoft gives HCLSoftware a mature BI platform that it can integrate with its existing products and services, reflecting a wider shift in enterprise software toward combining infrastructure, application services and analytics under unified portfolios.
By connecting Jaspersoft’s analytics technology with HCLSoftware’s enterprise footprint, the deal aims to help customers address complex reporting needs and support data-driven decision-making across hybrid IT landscapes.
Sources:
HCLTech
The Tribune India
The Economic Times
UpTech Media
J.V.
