AXISCADES Engineering Technologies has concluded Phase 1 acquisition of Mistral Solutions (MSPL), a Bengaluru-based specialized embedded technology company.
Earlier in November, the company announced that it will acquire MSPL for Rs 175 crore. The acquisition to be completed in a phased manner would add significantly to the company’s embedded practice and Make-in-India opportunities. This acquisition enhances AXISCADES offerings to OEMs, Defence customers and expands its client base.
AXISCADES Engineering Technologies is engaged in the business of rendering engineering design services and is also into Software Development. Axis IT&T EDS unit offers such services as product design, design support and design validation.
