Hexaware Technologies Expands AI Cybersecurity Capabilities with CyberSolve Acquisition

In a strategic move aimed at strengthening its position in the cybersecurity landscape, Hexaware Technologies (NSE: HEXT) recently announced its acquisition of CyberSolve, a global expert in identity and access management (IAM) solutions. This merger is set to bolster Hexaware's offerings in AI-driven cybersecurity, addressing the evolving challenges that enterprises face in managing digital identities securely.

In today’s rapidly transforming digital environment, cybersecurity has transcended mere IT concerns to become a crucial business consideration for organizations worldwide. With the increasing reliance on cloud technologies, application modernization, and stringent regulatory compliance frameworks, the need for robust identity governance systems has never been more important. Recognizing this trend, Hexaware has moved to integrate CyberSolve's specialized services into its portfolio.

CyberSolve has spent nearly a decade honing its expertise in large-scale identity management programs. With a dedicated team of over 230 specialists and more than 650 successful IAM implementations across various sectors—ranging from retail and healthcare to automotive and technology—the company has established itself as a trusted partner for organizations seeking to navigate complex IAM challenges. CyberSolve is known for its reliability in application onboarding, smooth transitions during platform migrations, and its capability to maintain audit-ready operations that enhance compliance and governance.

Hexaware, on the other hand, brings its own strengths to the partnership, including consulting prowess, engineering excellence, and around-the-clock cybersecurity and resilience operations. By combining CyberSolve’s focus on identity programs with its own AI-led operations, Hexaware aims to create an integrated solution that reduces risks and accelerates growth for enterprises navigating today's digital complexities.

Siddharth Dhar, President and Global Head of Digital IT Operations and AI at Hexaware, emphasized the vital role that identity management plays in contemporary cybersecurity strategies. He stated, "Cybersecurity has moved from an IT concern to a business imperative, and chief information officers tell us that getting identity right is at the top of the agenda. By bringing CyberSolve into Hexaware, we combine their craftsmanship in identity programs with our platform-led delivery and global operations. Clients will see faster value, stronger controls, and a clearer path to secure digital growth."

The acquisition also promises to enhance the scope of services available to existing and future clients. Mohit Vaish, CEO of CyberSolve, expressed enthusiasm about joining forces with Hexaware, stating, "Our mission has always been to inspire trust in every digital interaction. Joining Hexaware allows us to scale that mission—expanding our reach, applying AI more deeply, and creating measurable security outcomes for enterprises worldwide."

This strategic acquisition has garnered positive feedback from industry leaders as well. Chris Lugo, the VP and Chief Information Security Officer at Blue Cross Blue Shield Association, remarked, "CyberSolve has consistently helped bring clarity and momentum to complex initiatives. With Hexaware, they'll have the scale and structure to deliver even greater impact. I'm excited to see what the two teams achieve together."

The newly combined teams will focus on critical aspects of digital identity and security that businesses need today. Their joint efforts will ensure reliable operations, effective identity security, and seamless adaptation to change within large enterprises. This collaborative approach will ultimately lead to faster onboarding processes, smoother technology migrations, ongoing compliance, and the ability for employees to work securely from anywhere.

About CyberSolve

CyberSolve is a rapidly growing specialist in IAM solutions, leveraging a wide array of technologies and innovative strategies to tackle IAM-related challenges faced by businesses and governments across the globe. With the main services including IAM planning, building, deploying, system integration, and modernization, CyberSolve has established itself as a leader in creating identity-first security programs that focus on areas such as Identity Governance and Zero Trust Access.

About Hexaware

Hexaware Technologies is a well-known global provider of technology and business process services. Every day, Hexawarians are driven by a single purpose: to create smiles through innovative technology solutions. With a presence in multiple countries, Hexaware is committed to facilitating digital transformations for enterprises by partnering with them in building, transforming, running, and optimizing their technology and business processes. To learn more, visit Hexaware's official website.