# AXISCADES Technologies to acquire majority stake in Cloud Wave Technologies

AXISCADES Technologies announced the acquisition of a majority stake in Cloud Wave Technologies, a Bengaluru-based precision engineering and manufacturing company, at an enterprise valuation of approximately INR 260 crores. The acquisition aims to accelerate AXISCADES' aerospace manufacturing strategy.

- Type: Acquisition
- Announced: 2026-08-28
- Where: Bengaluru, India
- Value: $31.2M (2.60B INR)
- Status: announced
- Products: precision machining, sheet metal fabrication, tooling, plastic injection moulding, 3D printing, surface treatment
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [AXISCADES Technologies](https://endata.com/companies/66547.md) (acquirer)
- [Cloud Wave Technologies](https://endata.com/companies/93663.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/in/news-releases/axiscades-technologies-to-acquire-cloud-wave-technologies-accelerating-entry-into-aerospace-manufacturing-302864690.html), 2026-08-31: "This is a defining step for AXISCADES."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.