Zinnov Advises Cyient in its Acquisition of Portugal's Celfinet.

MANews-(C)2009-2022

US-based management consulting and strategy advisory firm Zinnov acted as the exclusive financial advisor to technology solutions company Cyient in its acquisition of Portuguese wireless engineering services company Celfinet, the firm said.

Headquartered in Lisbon, Portugal, Celfinet is an international wireless engineering services company with a strong focus on providing end-to-end network planning and performance optimization services.

With this acquisition, Cyient strengthens its wireless engineering practice to support communication service providers and Enterprises to deploy their pervasive connectivity networks at scale.

This will also enable the company's Enterprise customers to build networks to harness the power of 5G and drive their own digital transformation journey.

The addition will further strengthen Cyient's presence in Europe, where...

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