STARTUP/TECHNOLOGY
Axiscades Tech Arm To Acquire US Manufacturing Assets For $7 Mn
Axiscades Technologies Ltd, an engineering and technology solutions provider, has approved in principle a proposed $7-million acquisition of substantially all business assets of US-based ITSJ Group Inc. The acquisition will be undertaken by XIDA Inc., a step-down subsidiary of Axiscades incorporated in Delaware. The transaction aims to strengthen XIDA’s manufacturing capabilities for semiconductor equipment and […]
CW Bureau
·
Oct 15, 2026
STARTUP/TECHNOLOGY
AXISCADES Initiates Voluntary Liquidation Of German Entity
AXISCADES Technologies Ltd has initiated the voluntary solvent liquidation of its wholly owned German step-down subsidiary, add-solution GmbH, as the company seeks to exit its remaining automotive engineering services exposure and improve earnings quality. The members’ resolution for liquidation was adopted on September 24, 2026, with the dissolution becoming effective from September 25, 2026, following […]
CW Bureau
·
Oct 5, 2026
MANUFACTURING
Axiscades Acquires Majority Stake In Cloud Wave At ₹260-Cr Valuation
Axiscades Technologies Ltd has approved the acquisition of a majority stake in Bengaluru-based precision engineering and manufacturing company Cloud Wave Technologies Pvt Ltd at an enterprise valuation of approximately ₹260 crore. The transaction is aimed at accelerating Axiscades’ expansion in aerospace manufacturing by adding operational precision-manufacturing capabilities to its existing product-based aerospace, defence and electronics […]
CW Bureau
·
Aug 30, 2026
