AXISCADES Approves Acquisition of San Jose Tech Firm

The company's U.S. subsidiary XIDA Inc will acquire business assets from the local semiconductor supplier ITSJ Group.

Updated on Oct. 15, 2026 in Semiconductors

AXISCADES Approves Acquisition of San Jose Tech Firm

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AXISCADES Technologies Limited has approved the acquisition of business assets belonging to San Jose-based ITSJ Group, Inc. The deal will be executed by XIDA Inc, the U.S. subsidiary of AXISCADES.

Why it matters

The acquisition provides XIDA with an established operating base in Silicon Valley. This move is designed to secure supplier positions within the semiconductor equipment and data center infrastructure markets.

ITSJ Group specializes in semiconductor capital equipment sub-assemblies and data center cooling systems. Its manufacturing capabilities include CNC machining and printed circuit board assembly.

The players

AXISCADES Technologies Limited

This is a global technology and engineering solutions provider that maintains a large engineering platform in India.

ITSJ Group, Inc

Based in San Jose, this company provides critical components for semiconductor manufacturing and data center infrastructure.

XIDA Inc

Operating as a U.S.-based subsidiary, this entity manages the expansion of AXISCADES into the North American technology market.

The details

XIDA Inc will integrate capital, financial systems, management resources, and engineering capabilities from its parent company following the deal. The organization aims to leverage this combination of U.S. operations and India-based engineering to build a global AI infrastructure company.

ITSJ Group was founded in 2023.
The board of AXISCADES approved the acquisition on October 14, 2026.

The Tech Race

This acquisition reflects the broader industry push to establish localized manufacturing hubs for essential semiconductor components. By absorbing specialized firms, larger companies are racing to replace fragmented supply chains with vertically integrated global infrastructure.

This deal may lead to increased technological capabilities and service offerings for local businesses relying on semiconductor infrastructure. Users can expect the firm to shift toward AI-focused infrastructure as it integrates these new engineering resources.

The takeaway

The integration of U.S.-based manufacturing into a larger global model demonstrates the rising importance of proximity in high-tech supply chains. Companies are increasingly prioritizing regional infrastructure access to remain competitive in the rapidly growing artificial intelligence sector.