Cyient to acquire remaining 49% stake in Cyient Insights – Feedback

yient Limited today said it has signed a definitive agreement to acquire 49 percent stake in one of its subsidiaries, Cyient Insights Private Limited, (formerly Invati Insights) making the target company a 100%-owned subsidiary.

A company press release said Cyient secured 51% ownership of the company in 2014. The complete integration of the subsidiary creates a unique and comprehensive ecosystem of engineering services, IoT and analytics, which not only enables Cyient to meet global customer expectations,but also to achieve its strategic goal of providing complete systems and solutions to its clients across every industry it serves,.

https://www.moneycontrol.com/news/business/cyient-to-acquire-remaining-49-stake-in-cyient-insights-2569291.html

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