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HCLSoftware has announced its intent to acquire Zeenea, a Paris-based provider of metadata management and data governance solutions. This acquisition aims to bolster HCLSoftware's Data & Analytics business, particularly enhancing the Actian Data Platform. By integrating Zeenea's capabilities, HCLSoftware seeks to offer a more comprehensive data intelligence solution to its customers.
Zeenea's intelligent data discovery platform will enable HCLSoftware to provide advanced metadata management, data cataloging, and governance features. This move is expected to accelerate growth in the data and analytics sector, particularly in supporting customers' GenAI initiatives. The acquisition is anticipated to close in September 2024, marking a significant step in HCLSoftware's strategy to meet the evolving data needs of enterprises.
• HCLSoftware aims to enhance its data analytics capabilities through Zeenea acquisition.
• Zeenea's platform supports critical metadata management for GenAI initiatives.
This term is crucial for organizations to effectively utilize their data assets and ensure compliance.
It is essential for organizations to maintain data quality and compliance.
It helps users discover and understand data, facilitating better data management and utilization.
HCLSoftware serves over 7,000 organizations globally, enhancing their data management capabilities.
Zeenea's technology supports organizations in managing and democratizing data access.
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