Axiscades Technologies to acquire add solution, GMBH, Germany in a phased manner

Axiscades Technologies has been given the go-ahead to acquire add solution, GMBH, a German company that specialises in providing automotive solutions to international OEMs. In addition to firm contracts with prestigious automotive OEMs, the proposed acquisition will give AXISCADES a strategic foothold in the automotive industry. Significant offshoring opportunities will result from this, and AXISCADES’ automotive business will grow both domestically and internationally. The same was considered and approved by the company’s board of directors at their meeting on November 9, 2022.

Axiscades Technologies is a provider of integrated technology and engineering solutions, covering the entire spectrum of product lifecycle management requirements for major global OEMs and core engineering companies.

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