M&A Deal Summary

Cyient Acquires Daxcon Engineering

On January 19, 2010, Cyient acquired engineering company Daxcon Engineering

Acquisition Highlights
  • This is Cyient’s 1st transaction in the Engineering sector.
  • This is Cyient’s 1st transaction in the United States.
  • This is Cyient’s 1st transaction in Illinois.

M&A Deal Summary
Date 2010-01-19
Target Daxcon Engineering
Sector Engineering
Buyer(s) Cyient
Deal Type Add-on Acquisition

Target

Daxcon Engineering

Bartonville, Illinois, United States
Daxcon Engineering, Inc. is a provider of professional engineering, design and technical services.

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Buyer(S) 1

Buyer

Cyient

Hyderabad, India
Category Company
Founded 1991
Sector Diversified
Employees12,733
Revenue 71.5B INR (2024)
DESCRIPTION

Cyient provides leading-edge engineering solutions, including product development and life-cycle support, process, network and content engineering to major organizations worldwide. Cyient was founded in 1991 and is based in Hyderabad, India.

DEAL STATS #
Overall 2 of 17
Sector (Engineering) 1 of 3
Type (Add-on Acquisition) 2 of 14
State (Illinois) 1 of 1
Country (United States) 1 of 6
Year (2010) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-10-23 Advanced Graphics Software GMBH

Germany

Advanced Graphics Software GMBH is a mechanical engineering software and services company specializing in 3D CAD/CAM.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-10 Wellsco

Paragould, Arkansas, United States

Wellsco, Inc. is a provider of network engineering and management and related services to the telecommunications industry.

Buy -
Mergr

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