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XIDA to acquire ITSJ Group for AI expansion

PRIVATEOct 15, 2026

Acquiring Company

XIDA

Acquired Company

ITSJ Group

BengaluruSan JoseManufacturingManufacturing

Description

XIDA Inc. has obtained approval from its Board of Directors to acquire the business assets of ITSJ Group, Inc., a precision engineering firm based in San Jose. This acquisition will give XIDA a strategic foothold in Silicon Valley and enhance its capabilities in the AI hardware supply chain. The total consideration for the deal is up to $7 million, with a mix of cash and shares.

Company Information

Company

XIDA

Location

Bengaluru, Karnataka, India

About

XIDA Inc. is the US AI-infrastructure company and a subsidiary of AXISCADES Technologies Limited. It focuses on AI infrastructure and deep technology, providing solutions for electronics design and semiconductor-equipment systems. The company aims to expand its operations in the AI hardware supply chain.

Fundz sees it the moment XIDA makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired ITSJ Group?

ITSJ Group was acquired by XIDA, based in Bengaluru. The deal was reported on October 15, 2026. XIDA Inc. is the US AI-infrastructure company and a subsidiary of AXISCADES Technologies Limited. XIDA is privately held and operates in Manufacturing.

When did XIDA acquire ITSJ Group?

XIDA's acquisition of ITSJ Group was reported on October 15, 2026. XIDA Inc. has obtained approval from its Board of Directors to acquire the business assets of ITSJ Group, Inc., a precision engineering firm based in San Jose. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ITSJ Group do?

ITSJ Group, Inc. specializes in precision engineering and electronics manufacturing services. Their offerings include CNC machining, PCB design and assembly, and data-centre infrastructure services. It is privately held, operating in Manufacturing, and is based in San Jose.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.