Cyient acquires 27% stake in US-based Azimuth AI to boost semiconductor capabilities

HYDERABAD: Global engineering services player Cyient has acquired a 27.3% stake in US-based Azimuth AI, a fabless custom ASIC company that is known for its expertise in intelligent energy and power solutions.

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Cyient acquires 27% stake in US-based Azimuth AI to boost semiconductor capabilities

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