HCLSoftware to acquire agentic AI startup Wobby for $5.2 million

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HCLSoftware, the software division of IT services giant HCLTech, is set to acquire early-stage AI data analyst agents startup Wobby for $5.2 million (4.5 million euros).

The acquisition is expected to close by February 2026.

By acquiring the Antwerp, Belgium-based startup, HCLSoftware will expand capabilities around metadata management, data catalog and data governance solutions. These areas are driving increased demand for HCLSoftware.

“Adding Agentic AI Data Analyst capabilities will further enable customers to interact with their raw data and get fast and accurate business insights on demand,” the company said in a statement.

“Customers want self-service analytics with AI-driven insights that they can trust,” said Marc Potter, CEO Actian & Portfolio General Manager of HCLSoftware’s Data & AI division.

He added, “With Wobby, Actian provides LLM-powered natural-language analytics on a unified, governed semantic layer, enabling self-service analytics that delivers context-rich, accurate insights and a foundation for scaling GenAI initiatives with confidence.”

Amra Dorjbayar, CEO and Co-Founder, Wobby added, “Combining Wobby’s capabilities with Actian Data Intelligence platform will offer customers a differentiated approach to data management.”

This comes less than a week after HCLTech announced the acquisition of Hewlett Packard Enterprise’s (HPE) Telco Solutions business for $160 million, to expand capabilities in telecom segment.

The deal is expected to close over the next six months. It will be a 100 per cent cash buy out deal with a total purchase price of up to $160 million that will include $15 million of incentives based upon FY25 performance.