On 25th of April, 2022, Cyient, a leading global technology solutions company, announced that it is set to acquire Citec.

The acquisition is signed and was initially planned to be closed on 10th of May, 2022. However, the completion of the acquisition is taking longer than anticipated. We estimate that the acquisition will be completed by 30th of June, 2022.

For further information, please contact:
Johan Westermarck, CEO
E-mail: johan.westermarck@citec.com
Mobile: +358 50 339 7972