Cyient has agreed to acquire Celfinet, a Portugal-based wireless engineering services company, in a deal worth up to €41 million. According to the Indian technology solutions company, 65% of the consideration will be paid upfront, and remaining 35% will be in the form of an earnout over two years based on Celfinet’s performance. Celfinet is […]
Cyient, an Indian technology solutions company, has agreed to acquire Grit Consulting, a Singapore-based performance improvement design consultancy, in a deal worth up to $37 million. Grit Consulting is engaged in offering consultation for asset-intensive industries such as utilities, metal mining, and energy. According to Cyient, the acquisition will help its customers across sectors to […]