GENERAL29 Sept 2026
HCLTech's arm to acquire Croatia-based Robotiq.ai for 9 million euro
HCLTech's software arm, HCLSoftware, will buy Croatia-based Robotiq.ai, an enterprise automation platform, in an all-cash deal worth about Rs 98 crore (9 million euro). The purchase runs through HCL Technologies Austria GmbH and should close by end-November 2026. For business owners, this signals larger IT firms are folding robotic process automation into AI workflows, so expect more automation tools to reach mid-size companies.
Key Statutory Highlights
- HCLSoftware, HCLTech's software division, will acquire 100 per cent of Zagreb-based Robotiq.ai through HCL Technologies Austria GmbH.
- The all-cash deal has an enterprise value of 9 million euro, about Rs 98 crore, and is expected to be completed by the end of November 2026.
- Robotiq.ai sells enterprise robotic process automation to large banks, insurance firms and telecom providers, and posted revenue of 1.4 million euro in the year ended December 31, 2025.
Actionable Advice for Taxpayers / Founders:Once the deal closes, review your current automation and IT vendor contracts and ask your provider whether similar AI-plus-automation add-ons are planned. Get any pricing and data-hosting terms confirmed in writing before you commit.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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