Cyient Limited has informed the Exchange regarding a press release dated May 30, 2026, titled "Cyient Enters Agreement to Acquire TAO Digital".
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Cyient Limited has announced a definitive agreement to acquire TAO Digital Solutions Inc., an AI-native data and product engineering firm headquartered in Santa Clara, California. Founded in 2022, TAO Digital has over 3,500 experts and serves Automotive, Hi-Tech, and HealthTech sectors across the US, Canada, India, Taiwan, and Europe. The acquisition will add AI and data engineering capabilities, including GenAI deployment and AI lifecycle operations, along with digital and product engineering services to Cyient's portfolio. The transaction is subject to customary regulatory approvals and is expected to close by Q2 FY27.
This acquisition positions Cyient to offer AI-native engineering at global scale, strengthening its presence in key sectors and expanding its North American footprint. For shareholders, it signals a strategic push toward higher-margin AI-driven services aligned with Cyient's Intelligent Engineering vision.