M&A
HCL Tech to acquire French data solutions provider Zeenea for Euro 24-M
Publicly-listed, Noida-based IT services firm HCL Technologies Ltd, via its software business division HCLSoftware, is to acquire Zeenea , a Paris-based player in data catalogue and governance solutions, for EUR 24 million.Zeenea provides a data discovery platform that supports metadata management applications from search and exploration to data catalogue, lineage, governance, compliance and enterprise data marketplace. It is powered by an adaptive knowledge graph that enables organisations to democratise data access and generate a 360-degree view of their assets and the relationships between them. Zeenea’s reported revenue for the year ended December 31, 2023, was EUR 2.6 million.
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