Cyient inks pact to acquire 100% stake in Integrated Global Partners

31 Aug 2020 Evaluate

Cyient has signed a definitive agreement to acquire the 100% stake in Integrated Global Partners (IG), an Australia based technology consultancy company. The rationale for acquisition are gaining access to decision makers with global mining majors, acceleration in Cyient’s mining strategy and positioning Cyient as a digital transformation leader in the market. The time required for completion may range up to 6 months depending on when the Foreign Investment Review Board (FIRB) approval is granted.

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.

Cyient Share Price

1993.60 52.80 (2.72%)
28-Mar-2024 16:01 View Price Chart
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