Cyient to Acquire Portugal-Based Celfinet for EUR 41m.

MANews-(C)2009-2022

India-based technology solutions company Cyient has agreed to acquire Portguese international wireless engineering services company Celfinet for EUR 41m (USD 43.8m), to strengthen wireless communications offerings, the company said.

With this acquisition, Cyient strengthens its Wireless Engineering practice to support Communication Service Providers and Enterprises in deploying their pervasive connectivity networks at scale. This will enable Enterprises to build networks to harness the power of 5G and drive their...

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