Hackett Group (HCKT) Shows They Can ‘Hack It’ in the Gen AI Space with Acquisition of LeewayHertz

PRISM NextGen Tech and AI Index company Hackett Group (HCKT) who focuses on Gen AI related to strategic consultancy and executive advisory has announced the acquisition of LeewayHertz, a provider of Gen AI solutions that includes their market leading AI XPLR and ZBrain.ai software platforms.

“We are thrilled to welcome Akash Takyar and the entire LeewayHertz team into The Hackett Group family,” said Ted A. Fernandez, Chairman & CEO of The Hackett Group. “This acquisition is meant to highly differentiate our consulting and software platform offerings. It significantly increases our AI implementation capabilities and highly differentiates and expands our AI XPLR ideation and design platform. The integration of AI XPLR with ZBrain will empower our clients to unlock the value of their data and result in new levels of innovation, customer experience and workflow productivity enabled by emerging Gen AI-powered solutions.”

Furthermore, in addition to the acquisition the Hackett Group and Akash Takyar will be creating a joint venture where Hackett with contribute to the two software platforms, AI XPLR and ZBrain.ai. The intention is to pursue a software platform growth strategy which will consider strategic funding sources as required after initial funding by The Hackett Group.

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Hackett Group (HCKT) Shows They Can ‘Hack It’ in the Gen AI Space with Acquisition of LeewayHertz

Ashlee Vogenthaler

Markets Editor