HCLSoftware Acquires AI Startup Wobby for $5.2M to Boost Data Capabilities

Business
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Moneycontrol•22-12-2025, 20:30
HCLSoftware Acquires AI Startup Wobby for $5.2M to Boost Data Capabilities
- •HCLSoftware, HCLTech's software division, is acquiring agentic AI startup Wobby for $5.2 million (4.5 million euros).
- •The acquisition, expected to close by February 2026, will enhance HCLSoftware's metadata management, data catalog, and data governance solutions.
- •Wobby's Agentic AI Data Analyst capabilities will provide customers with fast, accurate business insights from raw data.
- •This move aims to deliver self-service analytics with AI-driven insights and a foundation for scaling GenAI initiatives.
- •This follows HCLTech's recent $160 million acquisition of HPE’s Telco Solutions business.
Why It Matters: HCLSoftware strengthens its data and AI portfolio with Wobby acquisition, enhancing customer insights.
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