HCLTech’s arm to acquire French software firm Zeenea for 24 million euros

HCLSoftware, the software business division of HCLTech, has agreed to wholly acquire Zeenea, a French data catalog and governance solutions company, for 24 million euros (about Rs 220 crore).

The acquisition will be made by HCL Technologies UK Ltd, a wholly owned subsidiary of HCLTech. The deal is expected to close in September.

In addition to enhancing the company’s data and analytics business (Actian), the acquisition “will enable HCLSoftware to accelerate the GenAI and Data Engineering roadmap of its customers by adding powerful data catalog, lineage and governance solutions,” HCLTech said in a regulatory filing on Friday.