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Cyient’s arm inks definitive pact to acquire Blom Aerofilms

07 Nov 2016 Evaluate

Cyient’s wholly owned subsidiary Cyient Europe, UK, has signed a definitive agreement to acquire 100% equity in Blom Aerofilms, Cheddar, Somerset, England, a leading geospatial services provider. The company has acquired the same in an all-cash transaction.

Cyient, formerly Infotech Enterprises is a company focussed on engineering, networks and operations. The company features among the top 30 outsourcing companies in the world.

Peers
Company Name CMP
TCS 2079.30
Infosys 1035.00
HCL Technologies 1246.00
Wipro 159.50
Tech Mahindra 1539.00
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