Acquiring Company
AXISCADES Technologies
Acquired Company
Cloud Wave Technologies
BengaluruBengaluruManufacturingManufacturingAerospaceDescription
AXISCADES Technologies has approved the acquisition of a 90% stake in Cloud Wave Technologies for approximately ₹234 crore. This acquisition signifies AXISCADES' strategic shift from engineering services to manufacturing, particularly in aerospace. The deal aims to enhance AXISCADES' operational capabilities and expand its market presence. The acquisition is expected to be completed by September 30, 2026.
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Based on deal dataFrequently asked
Who acquired Cloud Wave Technologies?
Cloud Wave Technologies was acquired by AXISCADES Technologies, based in Bengaluru. The deal was reported on August 28, 2026. AXISCADES Technologies is a company that specializes in engineering services and solutions. It aims to expand into manufacturing, particularly in the aerospace sector. AXISCADES Technologies is privately held and operates in Manufacturing.
When did AXISCADES Technologies acquire Cloud Wave Technologies?
AXISCADES Technologies's acquisition of Cloud Wave Technologies was reported on August 28, 2026. AXISCADES Technologies has approved the acquisition of a 90% stake in Cloud Wave Technologies for approximately ₹234 crore. This acquisition signifies AXISCADES' strategic shift from engineering services to manufacturing, particularly in aerospace. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Cloud Wave Technologies do?
Founded in 2014, Cloud Wave Technologies specializes in precision manufacturing. It is AS9100D-certified and operates several manufacturing units that produce components for aerospace and defense. It is privately held, operating in Manufacturing, and is based in Bengaluru.
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