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Cyient’s arm inks pact to acquire 100% equity in Certon Software

24 Jan 2017 Evaluate

Cyient’s wholly owned subsidiary Cyient Inc., USA has signed a definitive agreement to acquire 100% equity in Certon Software Inc., Melbourne, Florida, USA, in an all cash transaction. This transaction will further strengthen the automation in its key vertical Aerospace and Defense in line with strategy for growth.

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

Peers
Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
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