Hexaware Technologies Announces 100% Acquisition of US-Based Cybersolve

Hexaware Technologies has approved a strategic acquisition and internal restructuring to accelerate growth in cybersecurity and digital transformation services. 

The board cleared the acquisition of Cybersolve, along with plans to merge and streamline certain overseas subsidiaries to improve operational efficiency.

Key Development: Acquisition Of Cybersolve

The Board approved Hexaware’s plan to acquire a 100% stake in CyberSolve (India) Private Limited, along with related entities in the US and Canada, from Identity and Access Solutions LLC. 

The transaction positions Hexaware to become a full-spectrum cybersecurity partner, specifically strengthening its Identity and Access Management (IAM) capabilities, an area experiencing heightened demand due to rising data protection and zero-trust security adoption.

The total consideration for the acquisition stands at $66 million, including an upfront payment and performance-linked earn-outs. CyberSolve and the related IAM entities reported $25.8 million turnover in 2024. 

Statements And Strategic Intent

According to the company, integrating Cybersolve will allow Hexaware to offer full-stack digital and security transformation to customers.

Management highlighted that the acquisition aligns with the ongoing demand for cybersecurity solutions amid rising global cyber threats.

The board also emphasised that consolidating subsidiaries will reduce administrative overheads and result in smoother cross-border operational processes.

Hexaware Technologies Share Price Performance 

As of November 7, 2025, at 10:40 AM, Hexaware Technologies share price is trading at ₹670.45 per share, reflecting a decline of 4.15% from the previous day's closing price.

Read More: Hexaware Partners with Abluva to Strengthen AI Capabilities in Life Sciences Sector!

Conclusion

Hexaware’s latest acquisition and restructuring signal a sharpened focus on cybersecurity and operational efficiency as growth engines.

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