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AXISCADES acquires ITSJ Group for $7 million

PRIVATEOct 14, 2026

Acquiring Company

AXISCADES Technologies Limited

Acquired Company

ITSJ Group

BengaluruSan JoseManufacturingManufacturing

Description

AXISCADES Technologies Limited has completed the acquisition of substantially all business assets of ITSJ Group, Inc. by its subsidiary, XIDA Inc., for up to $7.0 million. This acquisition enhances AXISCADES' capabilities in the US precision engineering market. The deal includes acquiring customer contracts, inventory, and intellectual property, while excluding the acquisition of ITSJ shares. The transaction is expected to close by March 31, 2027.

Company Information

Company

AXISCADES Technologies Limited

Location

Bengaluru, Karnataka, India

About

AXISCADES Technologies Limited is a global engineering solutions provider with over 25 years of experience. The company specializes in Engineering Services, Defense, and Deep Tech, aiming to expand its global footprint and enhance its position as a leader in the industry.

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Frequently asked

Who acquired ITSJ Group?

ITSJ Group was acquired by AXISCADES Technologies Limited, based in Bengaluru. The deal was reported on October 14, 2026. AXISCADES Technologies Limited is a global engineering solutions provider with over 25 years of experience. AXISCADES Technologies Limited is privately held and operates in Manufacturing.

When did AXISCADES Technologies Limited acquire ITSJ Group?

AXISCADES Technologies Limited's acquisition of ITSJ Group was reported on October 14, 2026. AXISCADES Technologies Limited has completed the acquisition of substantially all business assets of ITSJ Group, Inc. by its subsidiary, XIDA Inc., for up to $7.0 million. 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.