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Axis-IT&T’s arm Cades Digitech inks pact with Studec France

07 Feb 2013 Evaluate

Axis-IT&T’s subsidiary - Cades Digitech a leading Indian Engineering Design Services and Technology provider has signed the strategic partnership agreement with Studec France, one of the leaders in Documentation Engineering and Publications.

As per the strategic partnership agreement, Cades proposes to acquire a 76% stake in Studec France's wholly owned Indian subsidiary namely Studec Technologies India (STI). It is also proposed to rename the entity as “Cades Studec India”.

Axis-IT&T, formerly known as Axis Inc, offers comprehensive engineering services in mechanical, manufacturing and embedded electronics engineering. The company's clients include several Fortune 50 companies in the aerospace, aviation, automotive, manufacturing, military, semiconductor and medical industries.

Peers
Company Name CMP
Hindustan Aeronaut. 4739.00
Bharat Electronics 386.00
Aequs 259.95
Astra Microwave Prod 1590.15
Axiscades Tech. 1884.40
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