Cyient Takes a Major Step in Business Expansion

Hyderabad based Cyient Limited has announced a major acquisition as part of its global expansion strategy. The company has entered into an agreement to acquire Tao Digital Solutions Inc., a California based firm specializing in AI native data and product engineering solutions. The deal is valued at 218 million dollars (approximately ₹2,071 crore).

Headquartered in Santa Clara, California, Tao Digital Solutions provides advanced technology solutions to global companies across the automotive, high tech, and health tech sectors. The company is known for its expertise in data engineering, AI driven platform solutions, digital transformation, and cloud services.

Founded in 2022, Tao Digital has operations across the United States, Canada, India, Taiwan, and Europe. The company currently employs more than 3,500 professionals. Cyient stated that the acquisition process is expected to be completed by the second quarter of the current financial year, strengthening its capabilities in digital engineering and AI led services.