{
  "id": 10490079,
  "title": "HCLTech software unit to acquire European firm Robotiq.ai for 9 million euros",
  "url": "https://urgent.news/2026/09/28/hcltech-software-unit-to-acquire-european-firm-robotiq-ai-for-9",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-28T16:44:27.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/information-tech/hcltech-software-unit-acquires-european-firm-robotiq-ai-for-9-million-euros/articleshow/134547380.cms"
  },
  "original_language": "en",
  "account": "HCLTech's software division, HCLSoftware, plans to acquire 100% of Croatian RPA platform provider Robotiq.ai for nine million euros. This cash acquisition, adjusted for net debt and working capital, is expected to close in November 2026. Robotiq.ai, founded in 2018, has reported revenues of 0.9 million euros in 2023 and 2024, with a profit of 0.2 million euros in 2025 on revenues of 1.4 million euros.\n\nRobotiq.ai offers enterprise-grade RPA capabilities to automate repetitive manual processes across various business applications. The company caters mainly to large banks, insurance groups, and telecom providers. Enterprises are now focusing on production-scale automation that is secure, governed, and reliable, rather than just experimenting with AI.\n\nKalyan Kumar, president at HCLSoftware, stated that Robotiq.ai's integration with HCL UnO Agentic will combine orchestration with enterprise-grade execution, enabling customers to confidently deploy and scale agentic AI across their operations. Darko Jovišić, CEO & co-founder of Robotiq.ai, explained their belief that automation should be useful, fast to deploy, and reliable in production. By joining forces with HCLSoftware, Robotiq.ai's technology will gain enterprise reach, scale, and platform capabilities.",
  "summary": "The company will acquire 100% of the outstanding equity of Robotiq.ai to be acquired by HCL Technologies Austria GmbH, a step- down wholly owned subsidiary of HCLTech, for a cash consideration of nine million euros adjusted for customary post-closing adjustments for net debt and working capital, HCLTech, India’s third largest IT services company, said in a filing.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}