Cyient Ltd.

BSE: 532175 | NSE: CYIENT
Small Cap | IT - Software
840.60
10.70 (1.29%)
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Cyient’s arm signs agreement to acquire 100% equity in AnSem NV

Date: 26-04-2018

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.