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Cyient signs definitive agreement to acquire Cyient DLM

23 Jan 2019 Evaluate

Cyient has signed a definitive agreement to acquire the remaining 26% stake in one of its subsidiaries -- Cyient DLM to take the overall stake to 100%. This acquisition will position the company strongly to expand into high-technology and high-value design-led systems and solutions in line with the Cyient's S3 strategy.

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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