Hackett Group acquires LeewayHertz, to create JV with Akash Takyar

Hackett Group announced the acquisition of LeewayHertz, a provider of advanced Gen AI solutions. The transaction combines Hackett’s enterprise IP with LeewayHertz’s Gen AI advanced solutioning and implementation capabilities, as well as their respective AI XPLR and ZBrain.ai software platforms. In connection with the acquisition, The Hackett Group and Akash Takyar are creating a joint venture whereby The Hackett Group will contribute the AI XPLR and ZBrain platforms. The integration of AI XPLR and ZBrain products will enable the joint venture to provide advanced and tailored Gen AI solutions to its clients. Combining AI XPLR’s ideation and simulation capabilities with ZBrain’s robust Gen AI development platform in a new entity will allow The Hackett Group in partnership with Akash Takyar to pursue a software platform growth strategy that will consider strategic funding sources as required after initial funding by The Hackett Group. Akash Takyar will become the new CEO of the joint venture, ZBrain, while also leading The Hackett Group’s Gen AI Implementation group.