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Events / Business / Saints & Masters Acquires Xencia
Business acquisition

Saints & Masters Acquires Xencia

Analysis based on 9 articles · First reported Jul 02, 2026 · Last updated Jul 06, 2026

Sentiment
70
Attention
4
Articles
9
Market Impact
General
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Market Impact

The acquisition by Saints & Masters of ConnectM Technology Solutions is expected to positively impact the technology and cloud services market, particularly in India, by creating new jobs and expanding AI and cloud capabilities. This move strengthens Saints & Masters' market position and could lead to increased competition and innovation in the multi-cloud AI orchestration sector.

Technology Cloud computing Artificial intelligence
Event Summary

Saints & Masters, a global technology advisory and execution firm, has acquired the entire stake in ConnectM Technology Solutions, a Bengaluru-based cloud and AI solutions provider. This acquisition aims to significantly enhance Saints & Masters' Microsoft cloud, AI, and digital transformation offerings, targeting over \u20b91,000 crore in revenue from its Microsoft Cloud business and creating more than 1,000 technology jobs. ConnectM Technology Solutions brings deep expertise in Microsoft technologies, including eight Microsoft Advanced Specializations and a team of over 350 engineers. This strategic move follows Saints & Masters' earlier acquisition of General Atomics, an AWS Advanced Tier Partner, reinforcing its commitment to becoming a leading global provider of cloud, AI, and digital transformation services.

Key Actions
100 Saints & Masters acquired stake ConnectM Technology Solutions
80 Saints & Masters targets revenue
70 Saints & Masters create jobs
40 Saints & Masters acquired General Atomics
Entities Involved
priv
Saints & Masters
Saints & Masters acquired ConnectM Technology Solutions to expand its Microsoft cloud, AI, and digital transformation offerings, aiming for over \u20b91,000 crore revenue from its Microsoft Cloud business and creating over 1,000 technology jobs. This acquisition strengthens its position as a multi-cloud AI orchestration partner.
Importance 100.0 Sentiment 75.0
priv
ConnectM Technology Solutions
ConnectM Technology Solutions was acquired by Saints & Masters, bringing its deep expertise in Microsoft technologies, over 500 cloud customers, and 350 engineers to the combined entity. This acquisition allows its capabilities to be integrated into a larger global platform.
Importance 90.0 Sentiment 60.0
per
Jaikrishnan G
Jaikrishnan G, CEO of Saints & Masters, spearheaded the acquisition of ConnectM Technology Solutions, articulating the strategic vision for scaling Microsoft cloud, AI, and digital transformation offerings.
Importance 70.0 Sentiment 50.0
stock
Microsoft
Microsoft's cloud technologies and services are central to the acquisition, as Saints & Masters aims to scale its Microsoft Cloud business significantly by integrating ConnectM Technology Solutions' expertise in this area.
Importance 60.0 Sentiment 20.0
priv
General Atomics
General Atomics was previously acquired by Saints & Masters, strengthening its cloud infrastructure capabilities and AWS service offerings, complementing the current acquisition of ConnectM Technology Solutions.
Importance 30.0 Sentiment 10.0
subs
Amazon — Amazon Web Services
Amazon — Amazon Web Services (AWS) is mentioned in the context of Saints & Masters' previous acquisition of General Atomics, which was an AWS Advanced Tier Partner, indicating Saints & Masters' broader multi-cloud strategy.
Importance 20.0 Sentiment 10.0
cnt
India
India is a key operational base for both Saints & Masters and ConnectM Technology Solutions, and the acquisition is expected to create over 1,000 technology jobs within the country.
Importance 20.0 Sentiment 10.0
Relationships
Microsoft related ↔ General Atomics
Microsoft related ↔ Amazon — Amazon Web Services
Microsoft related ↔ India
General Atomics related ↔ India
Amazon — Amazon Web Services related ↔ India
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