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New Deal


Announced

Cyient to acquire IG Partners.

Synopsis

Cyient, a global engineering and digital technology solutions company, agreed to acquire IG Partners, a specialist Australian consulting firm. Financial terms were not disclosed. "Mining is an important focus industry and Australia a strategic region for Cyient's growth. Mining industry is getting transformed with convergence of digital technologies. With this investment, the powerful synergy of Cyient's digital execution capabilities and IGP's advisory expertise creates a unique value proposition for the industry. This acquisition also adds to our footprint in Australia, which is an important region for our future growth," Krishna Bodanapu, Cyient Managing Director and CEO.

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