Cyient Ltd

🚀 Cyient Expands Capabilities with $218M Acquisition of Tao Digital

- Cyient acquires Tao Digital for $218M (60% upfront, $130M).

- Tao Digital reported $80M revenue in 2025 with 3,500 employees across 8 global centers.

- 80% of Tao Digital’s revenue comes from data engineering & software product engineering.

- 70% of revenue from Americas; 90% from automotive, Hi-tech, and healthcare sectors.

- Deal structured to be EPS accretive, with earnouts tied to EBITDA growth over 2 years.

- Shift towards annuity-led tech/data programs, moving away from project-based revenues.

- Focus on aerospace, energy, and medtech expansion.