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CYIENT ACQUISITION
Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...- Cyient to acquire Tao Digital in $218 million all-cash dealMid-tier engineering services provider Cyient is acquiring US-based Tao Digital Solutions for $218 million in an all-cash deal. This strate...
- Eye on AI push, IT midcaps rejig top leadershipSince late March, companies including Cyient, Sonata Software, Birlasoft, Coforge and Mastek have announced changes across finance, operati...
- Cyient approves Rs 720 crore share buyback as Q4 profit falls sharply. Check premiumCyient approved a share buyback while reporting a sharp decline in quarterly profit due to one time charges, even as revenue remained stron...
- Cyient Semiconductor acquires Kinetic Technologies, eyes data center marketCyient Semiconductors' acquisition of Kinetic Technologies will give the company a chance to go after the data center market, especially ar...
- Cyient Semiconductors acquires 74 pc stake in Kinetic Technologies for $85 mnCyient Semiconductors has acquired a 74% stake in US-based Kinetic Technologies for $85 million. This strategic move integrates Cyient's en...
- Cyient acquires 27.3% in US based Indian startup Azimuth AIThe strategic investment will expand Cyient’s capabilities across the semiconductor industry, said the Hyderabad headquartered firm in an e...
- Cyient Q3 Results: Revenue jumps 37% QoQ as acquisitions pay offThe Hyderabad-based company benefited from the four acquisitions it did last year, including its largest ever of Finnish engineering servic...
- Buy Cyient, target price Rs 977: ICICI SecuritiesCyient Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 9162.41 Crore) operating in IT Software sector.
- Cyient to acquire Singapore-based Grit Consulting for $37 millionThe acquisition will help Cyient strengthen its footprint in these industries by leveraging customer, geographic, and talent synergies
- Cyient gets Australia's FIRB clearance, completes acquisition of IG PartnersIn its August 31 filing, Cyient had said the enterprise value included an upfront AUD 11.6 million on a cash free and debt free basis, and ...
- Cyient to acquire Australian consulting firm IG Partners to strengthen business in energy and mining industryCyient said it continues to invest in expanding its footprint and creating sustainable value for stakeholders with rapid sectoral growth in...
- Buy Cyient, target Rs 894: IIFLBuy Cyient Ltd. at a price target of Rs 894.0 .
- Cyient agrees to buy US design firm B&F for $5.5 millionCyient statement said B&F Design employs a team of around 47 people, with a revenue between $8 million to $9 million, with low double-digit...
- Cyient to acquire USA-based B&F Design IncB&F Design employs a team of around 47 people, with a revenue between $8-9 with low double-digit EBITDA margins.
- Stock pick of the week: Cyient is high growth, low-risk bet, here's whyAccording to analysts’, Cyient is expected to report an earnings growth of 19% in 2017-18, significantly above the expected industry growth...
- Cyient subsidiary to acquire US-based Certon SoftwareCyient said, "The Enterprise Value payable will be USD 7.5 million on a cash-free and debt-free basis, subject to closing adjustments."
- IT firm Cyient buys Pratt & Whitney Global Engineering Services AsiaThe deal is structured as an asset purchase and is expected close at the end of August.
- Cyient expects to close one or two acquisitions in FY16Cyient, an IT and engineering services company, is scouting for acquisitions and could close as many as two this year, as it looks to boost...
- Cyient acquires 75% stake in Rangsons ElectronicsThe acquisition positions Cyient strongly to expand into high-technology and high-value, design-led system and solution.
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