Cyient to buy U.S. firm TAO Digital for $218 mn
Intelligent engineering solutions company Cyient on Saturday said it is acquiring 100% stake in TAO Digital Solutions, a California-headquartered digital engineering firm focused on data, product and AI-led services having presence besides the U.S., in Canada, India, Taiwan and Europe. It is a cash deal, including upfront payment and performance-linked earnout. The transaction implies an enterprise value of $218 million…
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