Cyient acquires entire stake in Celfinet through arm
1st Jul 2022

Cyient through its wholly owned subsidiary -- Cyient Europe -- has completed the acquisition of entire stake in Celfinet - Consultoria EM Telecomunicacoes, S.A on June 30, 2022. 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. 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. In June 2022, the company had signed definitive agreements to acquire Celfinet.

Cyient provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. It leverages the power of digital technology and advanced analytics.