Cyient to Acquire Portugal-Based Celfinet to Strengthen its Wireless Communications Offerings
/PRNewswire/ -- Cyient, a leading consulting-led, industry-centric, global Technology Solutions company, today announced that it had signed definitive...
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/PRNewswire/ -- Cyient, a leading consulting-led, industry-centric, global Technology Solutions company, today announced that it had signed definitive...
IT solutions provider Cyient will acquire Portugal-based wireless engineering services firm Celfinet for 41 million euro about Rs 340 crore in an all-cash deal, the Hyderabad-headquartered company said on Monday. With this acquisition, Cyient aims to strengthen its wireless engineering practice to support communication service providers CSPs and enterprises in deploying their networks at scale.
HYDERABAD, India, June 6, 2022 /PRNewswire/ -- Cyient, a leading consulting-led, industry-centric, global Technology Solutions company, today announced that it had signed definitive agreements
The acquisition will strengthen Cyient’s wireless communications offerings , , Cyient, acquisition
New Delhi, June 6: IT solutions provider Cyient will acquire Portugal-based wireless engineering services firm Celfinet for 41 million euro (about Rs 340 crore) in an all-cash deal, the Hyderabad-headquartered company said on Monday. With this acquisition, Cyient aims to strengthen its wireless engineering practice to support communication service providers (CSPs) and enterprises in deploying their networks at scale. Cyient will pay 65 per cent of the deal amount upfront and the remaining 35 per cent as an earnout over […]