Hexaware to Invest £25 Million in UK Expansion, Creating 1,200 Jobs in AI, Digital Services, and Quantum Computing

• New R&D centers in Manchester and Leeds, expanded delivery center in Birmingham, recognized by the UK Government at the G7 Summit

Hexaware Technologies (NSE: HEXT), a global provider of IT solutions and services, plans to invest £25 million to expand its UK operations, a move expected to create around 1,200 jobs across Manchester, Leeds, and Birmingham over the next three to five years.

Hexaware’s investment plan was among those the UK Government announced at the G7 Summit on June 16, 2026, as part of a wider set of international commitments to its AI and clean energy agenda. The company will expand its delivery center in Birmingham and establish R&D centers in Manchester and Leeds. The investment will accelerate innovation at scale across new and emerging technologies, including AI, digital services, and quantum computing, with a focus on developing local talent, advancing research, and driving modernization in citizen and public services.

R. Srikrishna, CEO & Executive Director, Hexaware, said, “Hexaware has worked alongside businesses in the UK for more than three decades. We have very high ambitions for our growth, creating impact in the UK and proudly supporting the Government’s inclusive vision for AI. Our investments are focused on developing young talent, working with unique published datasets, and collaborating with government at all levels across the country to create a positive impact for the citizens of the UK. These investments in AI research, digital innovation for citizen services, and talent incubation will create meaningful social impact while fueling and accelerating the UK’s long-term economic growth.”

Parameshwaran (Param) Iyer, Executive Vice President, Head – UK and Europe, Hexaware, said, “The UK is one of our fastest-growing markets, and this investment reflects the confidence our clients and the UK Government place in Hexaware. Our UK clients are moving fast on AI, and having research and delivery talent on the ground here means we can build with them rather than for them.”

The UK is Hexaware’s second-largest global market and its fastest-growing geography, where the company opened its UK headquarters in London’s Canary Wharf in 2025.

Hexaware Acquires Consulting Professionals Services to Strengthen AI and Cloud Transformation Capabilities

Hexaware Technologies [NSE: HEXT], a global IT services and solutions provider, today announced that it has entered into an agreement to acquire Consulting Professionals Services Holdings Limited together with its wholly owned subsidiary Consulting Professionals Services Limited (“CPS”). The transaction is expected to close within two weeks.

Primarily based in the United Kingdom and the United Arab Emirates, CPS is a specialist technology consulting and professional services firm delivering high-value consulting covering regulatory compliance, technology infrastructure, governance and risk, and business transformation to an FTSE 100 client. Hexaware has an existing relationship with this FTSE 100 client and is among their top IT service providers. The acquisition of CPS is expected to consolidate client spend, strengthening Hexaware’s strategic positioning within the client’s consolidated supplier landscape.

In addition, this acquisition will strengthen Hexaware’s ambition to be a trusted AI and cloud transformation partner to leading financial institutions and blue-chip organizations—from consulting and advisory to implementation and operations. CPS deepens this through its advisory maturity and interconnected local and global delivery models. Together, the companies expect to drive significant market expansion and diversification across large enterprise accounts.

“With CPS, we gain access to high-performance talent in the UAE and UK. This acquisition adds scale and strengthens our credibility in program assurance and cloud engineering, which is significant as we expand our delivery locations and workforce diversity,” said Parameshwaran Iyer, Country Head – UK & Ireland, Hexaware. “Our customers are increasingly looking for partners who bring trusted advisory and execution excellence. CPS brings a strong consulting capability which aligns with our purpose of creating smiles by delivering business value.”

Amjad Riaz, Managing Partner, CPS, said, “Having worked extensively in the Financial Services and Market Infrastructure sectors for a number of years, we believe this transaction will enable us to deliver greater value to our clients drawing on the wider capabilities of Hexaware.”

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at hexaware.com.

Hexaware Acquires CyberSolve to Strengthen Global Identity Security and AI-Driven Cyber Resilience

Hexaware Technologies [NSE: HEXT], a global provider of IT solutions and services, today announced it has acquired CyberSolve, a global specialist in identity and access management (IAM) solutions. Together, the companies will help enterprises modernize identity foundations, automate controls with artificial intelligence (AI), and run secure operations across complex, hybrid technology estates.

Across boardrooms, chief information officers cite cybersecurity as a top priority, as trusted digital identity—and the governance, risk, and compliance frameworks around it—now underpin every transformation, from cloud adoption and application modernization to data protection and workforce productivity.

CyberSolve brings nearly a decade of focused work in large identity programs, with 230+ specialists, 20+ IAM tech alliances, and 650+ implementations across sectors including retail, healthcare, pharma, automotive, financial services, logistics, government, and technology. Its teams are known for fast, reliable app onboarding, smooth platform migrations, and audit-ready operations. Hexaware adds consulting depth, engineering excellence, and 24x7 cybersecurity and resilience operations, spanning GRC, cloud security, and DevSecOps—helping clients move from isolated fixes to an integrated identity capability that reduces risk and accelerates growth at global scale.

“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,” said Siddharth Dhar, President & Global Head – Digital IT Operations & AI, Hexaware. “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.”

“Our mission has always been to inspire trust in every digital interaction,” said Mohit Vaish, CEO, CyberSolve. “Joining Hexaware allows us to scale that mission—expanding our reach, applying AI more deeply, and creating measurable security outcomes for enterprises worldwide.”

Atul Agrawal, Managing Partner, CyberSolve, said, “We’re truly delighted to join Hexaware. The combined strengths of our IAM expertise and Hexaware’s AI-first operations create tremendous potential to redefine how global enterprises approach digital identity and security.”

Shubham Khandelia, Managing Partner, CyberSolve, added, “This is an exciting milestone for our people and clients alike. Together, we can deliver broader capabilities, faster innovation, and stronger assurance, building on our shared commitment to trust and excellence.”

Client organizations also welcomed the announcement. Chris Lugo, VP – CISO, Blue Cross Blue Shield Association, said, “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 combined team will focus on what leaders need most today, delivering accurate and effective identity security, dependable operations, and easier adoption of change across large enterprises, resulting in faster onboarding, smoother migrations, continuous compliance, and secure work from anywhere.

Hexaware Acquires Bengaluru based SMC Squared, a Leader in Building GCCs

Hexaware Technologies [NSE: HEXT], a global provider of IT solutions and services, is pleased to welcome into its fold SMC Squared, a leader in building global capability centers (GCCs). The acquisition is a strategic step in Hexaware’s mission to deliver future-proof GCC solutions that go beyond cost efficiency, anchored in a combined human and digital agent-driven model.

Hexaware’s newly launched GCC 2.01 service line aims to drive long-term value for global clients by blending SMC Squared’s proven GCC build-operate expertise with Hexaware’s platform-led IT delivery capabilities, providing clients with a differentiated proposition that combines AI and digital innovation with strategic GCC value.

SMC Squared operates through engagement models, such as managed services, build-optimize-transfer, and hybrid solutions, which lower operating costs while assembling GCC teams that act as seamless extensions of every client’s strategic agenda. With proven delivery across HR, infrastructure, employee well-being, finance, and strategic technology consulting, SMC Squared brings institutional maturity and a trusted execution model that aligns with Hexaware’s vision to offer fully integrated, high-value GCC operations. Together, the companies expect to drive significant growth and unlock synergy potential across large accounts in the near future.

“Our clients are increasingly looking for GCC partners who bring more than staffing or infrastructure,” said Amrinder Singh, President & Head – EMEA & APAC Operations, Hexaware. “With SMC Squared, we gain proven governance, delivery credibility, and scale in areas where execution strength is non-negotiable. This acquisition enables us to deliver long-term value to enterprises, leveraging our human and digital agent-driven model and proprietary IT delivery platforms.”

The move comes as the global GCC market accelerates, with the GCC sector in India alone expected to cross $100 billion by 20302. Enterprises are shifting toward outcome-based models, requiring partners who can deliver stable, scalable, and high-accountability operations.

“On behalf of the SMC Squared team, I’m thrilled to share that we’re now part of Hexaware,” said Patricia Connolly, CEO, SMC Squared. “For over a decade, we’ve helped shape the GCC industry, and this acquisition expands what we can deliver globally with strengthened capabilities across AI, analytics, modernization, cloud transformation, and enterprise platforms while growing our delivery footprint with new centers in Latin America and increasing client activity in the UK and Europe.”

SMC Squared works with some of the most recognized global brands across commerce, manufacturing, financial services, health care, and consumer brands. Among SMC's clients is Papa John's International, Inc. (PZZA), operating global quick-service restaurants with a significant international presence including India.

“Partnering with SMC to build our dedicated GCC team has been a transformative experience. Our GCC team is fully integrated, aligned with our strategic vision, and focused on delivering real business value,” said Michael Wyant, Vice President of Corporate Systems & Enterprise Data, Papa Johns. “From modernizing our ERP systems to enhancing our Workday integrations and building a robust data and analytics foundation, SMC has consistently delivered. We look forward to working together, now with Hexaware, to accelerate modernization. Congratulations SMC Squared and Hexaware. We're excited for what lies ahead in our GCC partnership.”

The combined organization now offers a unified GCC services stack spanning advisory, setup, operations, and optimization, and supported by talent depth, delivery consistency, and execution rigor.

Reference

1. GCC 2.0 refers to the next-generation evolution of traditional Global Capability Centers which are offshore or nearshore hubs established by multinational enterprises (MNEs) to deliver critical business functions such as IT, finance, HR, analytics, and R&D. GCC 2.0 infuses Artificial Intelligence (AI) to transform the role of these centers from cost arbitrage-driven support units to value-generating strategic centers.
2. India's global centre market to grow to $105 billion by 2030, says Nasscom-Zinnov report

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes.

About SMC Squared

SMC Squared drives digital evolution through Global Capability Centers (GCCs), empowering businesses to optimize offshore costs and attract top-tier tech talent. Its tailored models—build-optimize-transfer, managed services, and hybrid solutions—ensure cost-effectiveness while establishing high-performing teams aligned with client’s brand and boardroom objectives. With a proven recruit-for-fit strategy, SMC Squared enhances quality and productivity, delivering economic advantages supported by client testimonials.