Cyient Acquires Stake in Azimuth AI to Build Cutting-Edge ASIC Chips and Strengthen Semiconductor Capabilities

Praveen Yasarapu, Founder and CEO of Azimuth AI, said, "We are pleased to embark on this journey with Cyient. The synergies between our companies are clear, and we are eager to leverage Cyient's deep expertise in ASIC design, coupled with their proven ability to deliver high-quality, innovative solutions across multiple industries. Together, we aim to deliver groundbreaking solutions that will push the boundaries of semiconductor technology for the global as well as Indian market."  

This strategic investment marks another significant step in Cyient's ongoing efforts to expand its capabilities and drive innovation across the semiconductor industry.

About Cyient

Cyient (Estd: 1991, NSE: CYIENT) delivers Intelligent Engineering solutions for creating a digital, autonomous, and sustainable future for over 300 customers, including 30% of the top 100 global innovators. As a company, Cyient is committed to designing a culturally inclusive, socially responsible, and environmentally sustainable tomorrow together with our stakeholders.

For more information, please visit www.cyient.com

About Azimuth AI

Azimuth AI is an Embedded Silicon Product company developing highly differentiated ASICs for Edge Computing Applications. 

[email protected]

[email protected]

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