HCLTech arm to acquire France-based Zeenea for €24 million

HCLSoftware, the software division of HCLTech, is set to acquire Zeenea, a France-based metadata management software provider, for €24 million (approximately Rs 218 crore). The acquisition aims to enhance HCLSoftware’s data and analytics business and is expected to be finalised by next month.

The acquisition will bolster the data and analytics segment — particularly HCLSoftware’s Actian business. The integration of Zeenea’s capabilities in metadata management, data cataloguing, and governance will provide additional support for Actian’s customers, the IT company said in a release.