Approved · Waiver · decided in 14 days, 19 Feb 2026
HCL Technologies Limited, a global technology company, is acquiring the Jaspersoft business unit from Cloud Software Group Australia Pty Ltd. This asset acquisition involves Jaspersoft's reporting software platform, including JasperReports, in the software publishing and computer system design industries.
HCL Technologies Limited ( HCLTech ) proposes to acquire Jaspersoft, a business unit of Cloud Software Group that supplies a reporting software platform (including JasperReports®). The acquirer, HCLTech, is a global technology company listed on the National Stock Exchange of India. HCLTech provides a broad range of services and software products with capabilities centred around AI, digital, engineering, cloud and software to a range of industries. These solutions include supporting organisations with AI infrastructure, product engineering services, digital consultancy services, and specialized industry software. Relevantly, HCLTech provides software that includes data management, integration, governance and analytics readiness. The target, Jaspersoft, provides reporting solutions software (including JasperReports) used by organisations to develop pixel-perfect reports, dashboards and visualisations. Jaspersoft licenses its reporting software to organisations to embed within their applications and to independent software vendors for inclusion within their applications.