Hexaware Acquires 100% Stake in IAAS and IT Glitterz

Hexaware Technologies has completed the acquisition of 100% stake in Cybersolve (I) India Private Limited, Identity and Access Solutions LLC (IAAS), IAAS Holdings LLC, IT Glitterz LLC and Identity And Access Solutions Canada, Inc. The acquisitions will enhance Hexaware’s capabilities in digital transformation and cloud services, expanding its global reach and service offerings. This strategic move aims to strengthen Hexaware’s position in the competitive tech landscape.

Acquisition of Key Entities Finalized

Hexaware Technologies announced the completion of several strategic acquisitions dated November 6, 2025. These acquisitions are aimed at strengthening the company’s service offerings and expanding its market presence.

Details of the Acquisitions

The acquisitions include a 100% stake in:

– Cybersolve (I) India Private Limited (“Target 1”) from Identity and Access Solutions LLC (“IAAS”).

– IAAS (“Target 2”) from IAAS Holdings LLC (“IAAS Holdings”).

– IT Glitterz LLC (“Target 3”) from IT Glitterz Holdings LLC (“IT Glitterz Holdings”).

– Identity And Access Solutions Canada, Inc. (“Target 4”) from Anushree Agarwal and Neha Agarwal.

Strategic Alignment

These acquisitions are expected to be pivotal in enhancing Hexaware’s capabilities and expanding its reach within the technology sector. The execution of the share purchase agreement (“India SPA”) and securities purchase agreement (“Global SPA”) for each transaction is a move toward strengthening Hexaware’s position in the competitive tech landscape.

Source: BSE

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