Telecomunicazioni
Cyient to Acquire Portugal-Based Celfinet to Strengthen its Wireless Communications Offerings
Commenting on the acquisition, , said, "Cyient is helping CSPs engineer the networks of tomorrow by delivering solutions across Intelligent Infrastructure, Smart Operations, and Enterprise Network Transformation. Celfinet's deep expertise and long-standing customer relationships will further add to our capabilities as we strengthen our technology play in wireless networks for 5G rollouts. In addition, Portugal has a highly skilled engineering workforce, making it a strategic innovation hub for expanding our global delivery footprint."
, declared, "We are very excited about this new journey we are starting with Cyient. Despite many approaches over the years, it was critical to wait for the right fit in a company to take over the business and unleash our potential. Cyient presented not only shared values but also an ambitious and innovative vision for the future, with Celfinet acting as the cornerstone investment to drive Cyient's Wireless Engineering forward."
Cyient (Estd: 1991, NSE: CYIENT) is a leading consulting-led, industry-centric, global Technology Solutions company. We enable our customers to apply technology imaginatively across their value chain to solve problems that matter. We are committed to designing tomorrow together with our stakeholders and being a culturally inclusive, socially responsible, and environmentally sustainable organization.
For more information, please visit www.cyient.com
Follow news about the company at @Cyient
Headquartered in Lisbon, Portugal , Celfinet has successfully built an international business combining outstanding wireless engineering expertise and best in class network management solutions portfolio to improve network quality and wiresless customer experience whilst at the same time reducing capex and opex.
For more information, please visit www.celfinet.com
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