HCLSoftware, the software division of HCLTech, has announced its plans to acquire Zeenea, a leading provider of data catalogue and governance solutions headquartered in Paris, France. This strategic move aims to strengthen HCLSoftware’s Data and analytics business, Actian, which has witnessed significant growth in Hybrid Data Management and Integration. By incorporating Zeenea’s expertise in metadata management, data catalogue, and governance, HCLSoftware will empower customers to fully leverage the capabilities of its data platform.
Zeenea offers an intelligent data discovery platform that encompasses metadata management applications ranging from search and exploration to data catalogue, lineage, governance, compliance, and enterprise data marketplaces. The platform’s adaptive knowledge graph enables organisations to democratise data access and develop a comprehensive 360-degree view of their assets and their interrelationships.
The acquisition of Zeenea is expected to be finalised in September 2024, marking a significant milestone in HCLSoftware’s ongoing commitment to delivering innovative data management and analytics solutions to its customers.
“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 Actian & Portfolio and General Manager of HCLSoftware’s Data & Analytics business. “Zeenea’s data catalogue 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 of Zeenea. “Combining HCLSoftware data analytics, database and data management solutions with our knowledge graph, data catalogue, and enterprise data marketplace will offer customers a tailored approach to data management.”
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Published on: Aug 9, 2024, 5:37 PM IST
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