HCL Technologies has officially finalized the acquisition of Wobby BV, an Agentic AI software startup headquartered in Belgium. The transaction, which involved the purchase of 100% stake by Actian Germany GmbH (a subsidiary), was completed on February 20, 2026, at 2:15 p.m. IST. This strategic move, first announced in December 2025, is aimed at bolstering HCL’s capabilities in advanced AI data analysis tools.
Finalization of Strategic AI Acquisition
HCL Technologies Limited formally announced the completion of its acquisition concerning the Belgian Agentic AI software startup, Wobby BV. This strategic purchase was executed through its step-down wholly owned subsidiary, Actian Germany GmbH.
Key Transaction Details
The completion date for the acquisition of 100% stake in Wobby BV was February 20, 2026. The exact time of completion was recorded as 2:15 p.m. IST. The company had previously intimated this intended acquisition to the stock exchanges via a letter dated December 22, 2025.
Strategic Context
Wobby BV is noted as a startup specializing in AI Data Analyst Agents. The finalization of this transaction is expected to integrate Wobby’s specialized technology into HCL’s portfolio, enhancing the offerings under HCLSoftware, as highlighted in the subject line of the official communication.
Source: BSE