Cyient to acquire Portugal-based Celfinet in €41m worth deal
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 […]