Cyient acquires Belgium-based AnSem N V for $17 million
Cyient Limited said its step down subsidiary "Cyient" Europe Ltd obtained Belgium-based AnSem N V, a leading fabless, analog application-specific incorporated circuits (ASICs) plan benefit company. Though the organization authoritatively did not unveil the exchange cost, official sources demonstrate that it is within the scope of USD 17 million.
According to a press release issued by the city-based IT firm, AnSem which specializes in advanced analog, radio frequency, and mixed-signal integrated circuit design and provides custom ASICs for clients has revenue of USD10 Million and over 20 percent operating margin.
Senior Vice President for Semiconductor, IoT, and Analytics at"Cyient, Suman Narayan said through this acquisition,"Cyient" can help its clients develop smart analog sensors to capture data while leveraging our IoT and analytics solutions to provide actionable insights. Cyient expects this transaction to be EPS accretive, the release added.
Cyient Set to Showcase new module at UK Airshow
Cyient to Develop the Geographical Information System and Management Information System for Varanasi
By Michael Cockrill, CIO, State of Washington
By Brett Shockley, SVP & CIO, Avaya
By Sven Gerjets, SVP-IT, DIRECTV
By Steve Moyer, VP of Storage Software Engineering, Micron...
By Michelle R. McKenna-Doyle, SVP and CIO, National Football...
By Patrick Hale, CIO, VITAS Healthcare
By Roman Trakhtenberg, CEO, Luxoft
By Julia Davis, SVP, CIO, Aflac
By Chris Westlake, VP & GM of Service,RK
By Pauly Comtois, VP DevOps, Hearst Business Media
By Yanni Charalambous, VP & CIO, Occidental Petroleum...
By Bob Brown, VP-Production & Operations, ONE World Sports
By Arthur Hu, SVP & CIO, Lenovo
By Ron Guerrier, CIO, Farmers Insurance Group, Inc.
By Scott Cardenas, CIO, City and County of Denver
By Kevin McCarron, Vice President Collaboration, Carousel...
By Marc Kermisch, VP & CIO, Red Wing Shoe Co.
By Christopher Frenz, AVP of Information Security,...
By Brian Drozdowicz, VP, Digital Services, Siemens...
By Les Ottolenghi, EVP and CIO, Caesars Entertainment