On 25 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 completed on 10 May, 2022.  Cyient’acquisition of Citec is ongoing, but is taking longer than previously expected. The acquisition is likely to be completed during the quarter ending 30 September, 2022.


For further information, please contact:

Johan Westermarck, CEO

E-mail: johan.westermarck@citec.com

Mobile: +358 50 339 7972