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HCLTech to Acquire Croatia-Based Robotiq.ai for 9 Million Euro

· Business · Business Standard

HCLTech's subsidiary has signed an agreement to acquire Croatia-based robotic process automation firm Robotiq.ai for 9 million euro. The cash transaction is subject to customary closing conditions and regulatory approvals. Robotiq.ai specializes in enterprise automation software designed to streamline operational workflows. HCLTech aims to strengthen its digital automation portfolio and expand its European footprint through this purchase. The deal is expected to close in the upcoming quarters.

Why it matters

This acquisition expands HCLTech's software capabilities in the European market, strengthening its enterprise automation offerings for global clients.

Read the original report — Business Standard

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