Acquisition will enable HCLSoftware to
accelerate the GenAI and Data Engineering roadmap of its customers
by adding powerful data catalog, lineage and governance
solutions
SANTA
CLARA, Calif., Aug. 8, 2024
/PRNewswire/ -- HCLSoftware, the software business division of
HCLTech, today announced its intent to acquire Zeenea, an
innovator in data catalog and governance solutions based in
Paris, France. HCLSoftware will
enhance its Data & Analytics business (Actian) through this
acquisition. The HCLSoftware Actian Data Platform has seen strong
growth in Hybrid Data Management and Integration over the last
few years. Adding metadata management, data catalog and governance
capabilities will enable customers to consume these capabilities of
the data platform.
Zeenea provides an intelligent data discovery platform that
supports metadata management applications from search and
exploration to data catalog, lineage, governance, compliance and
enterprise data marketplace. Zeenea is powered by an adaptive
knowledge graph that enables organizations to democratize data
access and generate a 360-degree view of their assets and the
relationships between them.
"Metadata management is becoming critical for our customers to
accelerate their GenAI initiatives across business functions," said
Kalyan Kumar, Chief Product Officer,
HCLSoftware. "Zeenea will further accelerate the growth in the data
and analytics space for HCLSoftware. It will enable HCLSoftware to
offer a unified data intelligence solution that will power
enterprises to discover, govern, connect, manage and better
leverage data in their data engineering and GenAI journeys."
"Organizations demand an integrated and holistic approach to
data management," said Marc Potter,
CEO of Actian & Portfolio General Manager of HCLSoftware's Data
& Analytics business. "Zeenea's data catalog and governance
capabilities will extend our portfolio to offer a comprehensive,
single-vendor solution to meet all the data needs of today's data
driven enterprises."
"Incorporating Zeenea's capabilities with HCLSoftware will
deliver a differentiated solution for customers," said Luc Legardeur, CEO and Co-founder, Zeenea.
"Combining HCLSoftware data analytics, database and data management
solutions with our knowledge graph, data catalog and enterprise
data marketplace will offer customers a tailored approach to data
management."
The acquisition is expected to close in September 2024.
About HCLSoftware
HCLSoftware is the software business division of HCLTech,
serving more than 7,000 organizations in 130 countries. The
company's key areas of focus are business and industry applications
including commerce, MarTech, aftermarket ERP, platforms for
delivering Total Experience, intelligent operations software,
security and compliance, sovereign collaboration and data and
analytics products and platforms.
About HCLTech
HCLTech is a global technology company, home to more than
219,000 people across 60 countries, delivering industry-leading
capabilities centered around digital, engineering, cloud and AI,
powered by a broad portfolio of technology services and products.
We work with clients across all major verticals, providing industry
solutions for Financial Services, Manufacturing, Life Sciences and
Healthcare, Technology and Services, Telecom and Media, Retail and
CPG, and Public Services. Consolidated revenues as of 12 months
ending June 2024 totaled $13.4 billion. To learn how we can supercharge
progress for you, visit hcltech.com.
For further details, please contact:
Jeremy McNeive, HCLSoftware
jeremy.mcneive@hcl.com
Danielle Lee, Actian,
HCLSoftware's Data and Analytics business
Danielle.Lee@actian.com
Ashutosh Sharma, HCLTech
ashutosh.sharma@hcltech.com
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SOURCE Actian Corporation
