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Cyient’s arm signs agreement to acquire 100% equity in AnSem NV

26 Apr 2018 Evaluate

Cyient Europe, UK, a step down subsidiary of Cyient, has signed a definitive agreement to acquire 100% equity in AnSem NV, Belgium, in an all cash transaction. This transaction will further allow Cyient to offer turnkey ICs, starting from concept circuit to final production.

Cyient provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. It leverages the power of digital technology and advanced analytics capabilities, along with domain knowledge and technical expertise, to solve complex business problems.

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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