Cyient Limited
Cyient (formerly Infotech Enterprises Limited) is an Indian multinational technology company that is focused on engineering, manufacturing, data analytics, and networks and operations. Infotech Enterprises Ltd. was established in 1991 in Hyderabad.
What Cyient files
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Cyient has entered an agreement to acquire 100% of Tao Digital Solutions Inc. for US$ 218 million. This strategic move significantly bolsters Cyient's Intelligent Engineering offering by adding Tao's strengths in Production-grade AI, Data Engineering, and Digital & Product Engineering capabilities. The acquisition of the US-headquartered firm, which serves automotive,...
Cyient, via its subsidiary, is set to acquire a majority stake (over 65%) in US-based Kinetic Technologies for approximately ₹772 Cr ($93 Mn). Kinetic specializes in power semiconductors and analog/mixed-signal design. This strategic acquisition aims to bolster Cyient's leadership in custom power ICs, targeting high-growth Edge AI and High-Performance Compute...
Cyient Ltd. has acquired 100% of Abu Dhabi & Gulf Computer Est., a technology consulting firm focused on the energy sector, for a total consideration of USD 1.9 million, comprising an upfront payment of USD 1.5 million and an earnout of USD 0.4 million. This acquisition aims to enhance Cyient's...
Cyient Ltd. has acquired a 27.3% stake in Azimuth AI, Inc., a U.S.-based semiconductor firm specializing in ASICs for edge computing, for USD 7.25 million in cash. This strategic investment enhances Cyient's capabilities in the semiconductor sector and strengthens its position in the growing Indian market. The acquisition is expected...