Acquiring Company
AXISCADES Aerospace Engineering Services
Acquired Company
Cloud Wave
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?
Cloud Wave was acquired by AXISCADES Aerospace Engineering Services, based in Bengaluru. The deal was reported on August 28, 2026. AXISCADES Aerospace Engineering Services offers design, engineering analysis, certification support, and lifecycle engineering services to major aerospace OEMs. AXISCADES Aerospace Engineering Services is privately held and operates in Manufacturing.
When did AXISCADES Aerospace Engineering Services acquire Cloud Wave?
AXISCADES Aerospace Engineering Services's acquisition of Cloud Wave 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 do?
Cloud Wave focuses on aerospace manufacturing and related services. The company is known for its cutting-edge technology and expertise in the aerospace sector. It has developed various solutions geared towards enhancing manufacturing processes. It is privately held, operating in Manufacturing, and is based in Bengaluru.
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