HCLSoftware acquires Zeenea for enhanced data management in September 2024

On September 12, 2024, HCLSoftware announced the successful acquisition of Zeenea, a Paris-based company specializing in data catalog and governance solutions. This strategic move aims to enhance Actian's offerings, a division of HCLSoftware, by providing a comprehensive data ecosystem that facilitates data discovery, governance, and maximization of data assets. The acquisition is expected to strengthen Actian's presence in Europe, expanding its workforce and customer base significantly. Marc Potter, CEO of Actian, emphasized the importance of data governance for organizations striving to become data-driven. He noted that the integration of Zeenea into Actian's portfolio will create a unified solution that supports customers in their generative AI and analytics initiatives. This is particularly relevant as 85% of enterprises recognize the necessity of investing in generative AI technology within the next two years. Zeenea is well-regarded for its cloud-native Data Discovery Platform, which offers universal connectivity and supports various metadata management applications. This includes capabilities for data cataloging, lineage tracking, governance, compliance, and enterprise data marketplace functionalities. The platform's adaptive knowledge graph allows organizations to democratize data access and gain a comprehensive understanding of their data assets and their interrelationships. Overall, the acquisition positions Actian as a one-stop shop for data solutions, enhancing its ability to provide quality data governance and support for generative AI initiatives. This move is expected to significantly benefit customers by improving data preparation and readiness, ultimately leading to more effective use of data across organizations.