Cyient

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Global multinational technology company

title: "Cyient" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["multinational-companies-headquartered-in-india", "companies-based-in-hyderabad,-india", "outsourcing", "outsourcing-in-india", "software-companies-established-in-1991", "software-companies-of-india", "engineering-companies-of-india", "international-information-technology-consulting-firms", "information-technology-consulting-firms-of-india", "outsourcing-companies", "indian-brands", "indian-companies-established-in-1991", "1997-establishments-in-andhra-pradesh", "companies-listed-on-the-national-stock-exchange-of-india", "companies-listed-on-the-bombay-stock-exchange"] description: "Global multinational technology company" topic_path: "engineering" source: "https://en.wikipedia.org/wiki/Cyient" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Global multinational technology company ::

::data[format=table title="Infobox company"]

FieldValue
nameCyient
logoCyient logo.svg
typePublic
traded_as
ISININE136B01020
locationHyderabad, India
founderB. V. R. Mohan Reddy
founded
industryInformation technology
Electronics
area_servedWorldwide
key_peopleSukamal Banerjee (CEO)
num_employees10,000+ (2018)
revenue(FY24)
operating_income(FY24)
net_income(FY24)
homepage
former_nameInfotech Enterprises Limited
subsidCyient DLM
::

| name = Cyient | logo = Cyient logo.svg | type = Public | traded_as = | ISIN = INE136B01020 | location = Hyderabad, India | founder = B. V. R. Mohan Reddy | founded = | industry = Information technology Electronics | area_served = Worldwide | key_people = Sukamal Banerjee (CEO) | num_employees = 10,000+ (2018) | revenue = (FY24) | operating_income = (FY24) | net_income = (FY24) | homepage = | former_name = Infotech Enterprises Limited | subsid = Cyient DLM

Cyient (formerly Infotech Enterprises Limited) is an Indian multinational technology company that is focused on engineering, manufacturing, data analytics, networks and operations. It was established in 1991 in Hyderabad as Infotech Enterprises Ltd. Infotech Enterprises was re-branded as Cyient in 2014.{{Citation |publisher = IAOP | year =2014 | title =The 2014 Global Outsourcing 100 | url =http://www.iaop.org/Content/19/165/3879 | accessdate =February 27, 2017

History

|Image = Cyient Ltd .jpg |bSize = 400 |cWidth = 250 |cHeight = 150 |oTop = 20 |oLeft= 45 |Location=right |Description = Cyient office in Manikonda, Hyderabad Cyient was established as Infotech Enterprises Ltd in 1991 in Hyderabad

Infotech Enterprises became a public limited company in 1997, had an IPO of equity shares at ₹ 20/- per share and listed in all major stock exchanges in India. Around 1999, it signed a breakthrough contract to provide GIS conversion and consultation mapping services worth US$5.5 million to US based Analytical Surveys, Inc. Within the same year, the company acquired Cartographic Sciences from Analytical Surveys, Inc. In June 1999, the company acquired Dataview Solutions Limited, a UK based GIS Software Company. The company continued to pursue engineering services, and won a major engineering services contract with an aircraft engine manufacturer in 2000.

In 2000, Infotech announced the acquisition of a German company, Advanced Graphics Software GmbH (AGS), a mechanical engineering software and services company specialising in 3D CAD/CAM. In 2002, Infotech announced a strategic business relationship with the Pratt & Whitney division of United Technologies Corporation. Pratt & Whitney participated in a preferential offer and obtained an 18.4% equity stake in Infotech.

In 2005, Infotech acquired Tele Atlas India Pvt Ltd. Tele Atlas parent company joined as a strategic partner with preferential allotment of shares. Company founder, B V R Mohan Reddy, was elected Chairman of the Confederation of Indian Industry (CII) Southern Region in 2008. In January 2010, Daxcon was acquired by Infotech Enterprises America Inc, a wholly owned subsidiary of Infotech Enterprises Limited India.

Infotech Enterprises adopted the Cyient name in 2014 after approval from a shareholders' vote.{{cite news | date = 2014 | title = Infotech to Become Cyient Ltd. | url = http://www.thehindubusinessline.com/features/smartbuy/infotech-to-become-cyient-ltd/article5839628.ece+&cd=2&hl=en&ct=clnk&gl=in | work = The Hindu Business Line | location = India | access-date = February 28, 2017 |date = August 21, 2014 |title = Cyient Ltd buys data sciences start-up Invati Insights |url = http://articles.economictimes.indiatimes.com/2014-08-21/news/53072915_1_analytics-sciences-infotech-enterprises |work = The Economic Times |access-date = February 28, 2017 |archive-url = https://web.archive.org/web/20150419024326/http://articles.economictimes.indiatimes.com/2014-08-21/news/53072915_1_analytics-sciences-infotech-enterprises |archive-date = 19 April 2015 |url-status = dead |df = dmy-all

In 2015, Cyient acquired Pratt & Whitney Global Services Engineering Asia. On February 8, 2017, Cyient Inc. agreed to acquire Certon Software Inc.

On April 25, 2022, Cyient announced to acquire the Finnish plant and product engineering services company Citec. Shortly after, on June 6, 2022, Cyient also announced the acquisition of Portuguese wireless engineering services company Celfinet.

In June 2023, Cyient's electronics manufacturing services subsidiary Cyient DLM launched its IPO and got listed on NSE and BSE.

In October 2024, Cyient acquired Altek Electronics.

Operations

::figure[src="https://upload.wikimedia.org/wikipedia/commons/e/e5/120724-D-TT977-027_(7637019378).jpg" caption="Mohan Reddy]], chairman and managing director, and U.S. Consul General [[Katherine Dhanani]]; Hyderabad, July 2012."] ::

Cyient Limited as of 2014 provides "software-enabled engineering & geographic information system (GIS) services." In February 2017, Cyient had around 14,000 employees in 21 countries in Asia, Europe, and North America.

In January 2017, Cyient opened facilities at the Incubation Centre of the Telangana State Industrial Infrastructure Corporation in Warangal, also began to build a 70,000 square feet Technology Development Centre at Madikonda Special Economic Zone in Warangal. In February 2017, Cyient and ANSYS agreed to set up a simulation lab at Cyient's facility in Hyderabad to develop proof-of-concepts.

Cyient acquired 74 percent equity stake in Rangsons Electonics Pvt Ltd in February 2015 and renamed it to Cyient DLM. The Mysuru-headquartered Rangsons Electronics, is an electronics system design and manufacturing (EDSM) services company. It is the 2nd largest electronics manufacturer after Dixon Technologies.

With its United States headquarters in the state of Connecticut,

References

References

  1. (19 February 2025). "IT firm Cyient appoints Sukamal Banerjee as CEO". The Economic Times.
  2. "Financial Results For The Quarter And Year Ended 31 March 2024". BSE.
  3. "Company History". hdfcsec.com.
  4. "Infotech Enterprises Stock Price and Quotes - Infotech Enterprises Company Profile".
  5. [http://www.sei.cmu.edu/partners/infotech-enterprises/index.cfm// SEI Partner Network. Infotech Enterprises America, Inc]
  6. "Infotech Enterprises Receive Honors From Indo-German Chamber Of Commerce {{!}} Top News".
  7. (26 February 2002). "Infotech Ties Up With Pratt & Whitney". Business Standard.
  8. (15 December 2001). "Infotech To Issue 12 Lakh Shares To Pratt & Whitney". Business Standard.
  9. (17 March 2008). "Infotech Enterprises inks multi-year pact with Tele Atlas - Stock Watch". www.stockwatch.in.
  10. (19 January 2010). "Infotech buys US engg services firm". Business Standard.
  11. "Infotech arm in all-cash deal to buy Daxcon". The New Indian Express.
  12. (7 May 2014). "Infotech Enterprises rebranded as Cyient".
  13. Press Trust of India. (2 January 2015). "Cyient acquires 74% stake in Rangsons Electronics". Business Standard India.
  14. (February 9, 2017). "Cyient enters a definitive agreement to acquire 100% equity in Certon Software Inc.". [[IIFL]].
  15. (25 April 2022). "Cyient clinches its largest deal with acquisition of Finnish player Citec for 94 million euro {{!}} India Business News - Times of India".
  16. (7 June 2022). "Hyderabad: Cyient to acquire Portuguese engineering services co Celfinet". The Times of India.
  17. (23 June 2023). "Cyient DLM sets IPO price band at Rs 250-265". The Economic Times.
  18. Staff, Entrepreneur. (2024-10-04). "Cyient DLM Acquires Altek Electronics for Strategic Expansion in North America".
  19. (January 22, 2017). "Cyient starts operations at Warangal facility". [[The Hindu]].
  20. "IT Incubation Centre Inaugurated in Warangal". [[Business Standard]].
  21. (February 23, 2017). "Cyient, ANSYS ink MoU". [[The Hindu]].
  22. (22 January 2019). "Cyient to acquire remaining 26% stake in EDSM subsidiary".

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multinational-companies-headquartered-in-indiacompanies-based-in-hyderabad,-indiaoutsourcingoutsourcing-in-indiasoftware-companies-established-in-1991software-companies-of-indiaengineering-companies-of-indiainternational-information-technology-consulting-firmsinformation-technology-consulting-firms-of-indiaoutsourcing-companiesindian-brandsindian-companies-established-in-19911997-establishments-in-andhra-pradeshcompanies-listed-on-the-national-stock-exchange-of-indiacompanies-listed-on-the-bombay-stock-exchange