Cyient Limited announced through a regulatory filing and attached press release that it has entered into a definitive agreement to acquire TAO Digital Solutions Inc., an AI-native data and product engineering solutions firm headquartered in Santa Clara, California.
Transaction Details
- The acquisition is subject to customary regulatory approvals and closing conditions
- Expected closing timeline: Q2 FY27 (approximately by September 2026 quarter)
- TAO Digital was founded in 2022 and has scaled rapidly with presence in the United States, Canada, India, Taiwan, and Europe
- The company employs 3,500+ experts globally
Strategic Rationale
The acquisition enhances Cyient's Intelligent Engineering proposition by adding two synergistic capabilities:
- AI and Data Engineering: Enterprise-grade AI adoption through data and platform modernization, GenAI production deployment, and AI lifecycle operations across industries
- Digital and Product Engineering: Cloud-native platforms, application modernization, platform engineering, and quality engineering at global scale
Business Impact
- Strengthens Cyient's presence in Automotive, Hi-Tech, and HealthTech sectors
- Expands customer footprint significantly in North America
- Expands delivery reach across regions
- Combines Cyient's three decades of engineering heritage with TAO Digital's AI-native capabilities
Management Commentary
Sukamal Banerjee, Executive Director and CEO of Cyient, stated: "This acquisition marks a transformative moment for Cyient, elevating us into a select group of partners who can credibly deliver AI-native engineering at a global scale." He emphasized the combination of domain know-how with data engineering solutions.
Rajkumar Velagapudi, Founder & CEO of TAO Digital, commented: "Joining Cyient takes that to a new level. Cyient's global reach, the strength of its customer portfolio, and its decades of technical excellence provide the ideal platform to amplify what TAO Digital does best."
Company Background
Cyient: Global ER&D company delivering full lifecycle engineering for mission-critical industries. Works with 300+ global customers across 30 countries supported by 14K+ associates. Reported $658M in annual revenue for FY26. Serves industries including Aerospace, Rail, Automotive & Mobility, Connectivity, Utilities, Mining, Energy, Healthcare & Life Sciences, and Spatial Intelligence.
TAO Digital: Empowers businesses through innovative technology and AI-driven services guided by principles of Transformation, Automation, and Optimization. Serves Automotive, Hi-Tech, and HealthTech sectors.
Forward-Looking Statements
The press release contains forward-looking statements subject to risks, uncertainties, and assumptions including significant changes in economic environment, regulatory and tax laws, import duties, litigation, labor relations and other factors beyond the Company's control. Cyient undertakes no obligation to publicly update or revise these statements except as required under applicable law.