Cyient to acquire Invati Insights

The new entity is proposed to be renamed Cyient Insights

Image
BS Reporter Hyderabad
Last Updated : Aug 21 2014 | 11:02 PM IST
Cyient Limited, a Hyderabad-based IT and engineering services company, has signed a definitive agreement to acquire a majority stake in Invati Insights Private Limited (Invati), a start-up data sciences company, for an undisclosed sum. The new entity is proposed to be renamed Cyient Insights.

Invati will strengthen Cyient's data analytics capabilities and offerings across a set of chosen industry verticals that continue to demonstrate strong appetite and spend in this area. Invati's well-established data sciences approach will help Cyient Insights provide robust analytics frameworks and solutions with a strong focus on the "Internet of Things" and advanced analytics.

Cyient Insights will focus on analytics aligned to engineering, networks and operations across these verticals, a release stated.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 21 2014 | 8:32 PM IST

Next Story