Wobby, an agentic AI company, will be acquired by HCLSoftware for $5.3 million

HCLSoftware to Acquire Belgium-Based AI Startup Wobby for €4.5 Million

HCLSoftware, the software products arm of HCLTech, has announced plans to acquire Wobby, a Belgium-based AI data analyst agents startup, for €4.5 million (about $5.3 million) in cash.

Founded in 2023 and headquartered in Antwerp, Wobby provides AI-powered data analyst agents for data warehouses. The early-stage startup reported annual revenue of €0.1 million for the year ended December 31, 2024.

The acquisition is being driven by growing demand for HCLSoftware’s Data & AI division, Actian, particularly across metadata management, data catalog and data governance offerings, the company said in a statement.

This marks HCLTech’s second acquisition this month, following its recent asset purchase of HPE’s Telco Solutions business, and the third buyout overall in 2025.

HCLSoftware said the acquisition will add agentic AI data analyst capabilities to Actian’s portfolio, helping customers accelerate their generative AI adoption. Wobby’s technology enables users to query complex datasets using natural language and receive actionable insights instantly, improving accessibility and self-service analytics.

“Customers want self-service analytics with AI-driven insights that they can trust,” said Marc Potter, chief executive of Actian and portfolio general manager of HCLSoftware’s Data & AI division. “With Wobby, Actian delivers LLM-powered natural-language analytics on a unified, governed semantic layer, enabling truly self-service analytics.”

The transaction is expected to close by February 2026, subject to approval under Belgium’s foreign direct investment (FDI) framework, governed by the Cooperation Agreement dated November 30, 2022.

Under the deal terms, HCLSoftware will pay €3.0 million at closing, followed by two deferred payments of €0.75 million each on the first and second anniversaries of the closing.

Commenting on the deal, Amra Dorjbayar, chief executive and co-founder of Wobby, said the combination would strengthen Actian’s platform. “Bringing Wobby’s capabilities into the Actian Data Intelligence platform will offer customers a differentiated approach to data management,” Dorjbayar said.