Zen Technologies has acquired Applied Research International (ARIPL) and ARI Labs (ALPL), acquiring 100% equity stake in both companies. The acquisition, valued at Rs 130.0 crore, strengthens Zen Technologies’ commitment to advancing simulation technologies for defense and security forces.
With this acquisition, ARIPL and ALPL will eventually be fully integrated into Zen Technologies, further cementing its position as a leader in defense simulation. This strategic move drives innovation in military training by leveraging AI-powered analytics, immersive technology, and real-time performance assessments. It also broadens the company’s capabilities beyond land-based training, advancing its expertise in naval and maritime simulations to enhance combat preparedness for the Indian Armed Forces and global defense forces.
Zen Technologies is a pioneer in the design, development and manufacture of world class, state-of-the-art training simulators.
| Company Name | CMP |
|---|---|
| Hindustan Aeron | 4342.70 |
| Bharat Electronics | 457.65 |
| DCX Systems | 188.00 |
| Astra Microwave Prod | 1062.15 |
| Zen Technologies | 1641.85 |
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