Cyient has signed definitive agreement to acquire 100% stake in Celfinet - Consultoria EM Telecomunicacoes, S.A (Celfinet) through its wholly owned subsidiary Cyient Europe. Acquisition enables Cyient to strengthen its Wireless Engineering practice to support Communication Service Providers (CSPs), this will also enable enterprises to build networks to harness the power of 5G and drive their own Digital Transformation journey and the addition will further strengthen Cyient’s presence in Europe, where Celfinet has a strong footprint, and helps scale Cyient’s Wireless business across North America and Australia.
Cyient provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. It leverages the power of digital technology and advanced analytics.