{"id":871123,"date":"2024-10-29T08:09:21","date_gmt":"2024-10-29T02:39:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=871123"},"modified":"2024-10-29T08:11:45","modified_gmt":"2024-10-29T02:41:45","slug":"cyient-acquires-27-3-stake-in-azimuth-ai-to-strengthen-its-semiconductor-capabilities","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/29\/cyient-acquires-27-3-stake-in-azimuth-ai-to-strengthen-its-semiconductor-capabilities\/","title":{"rendered":"Cyient acquires 27.3% stake in Azimuth AI to strengthen its semiconductor capabilities"},"content":{"rendered":"<p>Cyient on Monday announced the acquisition of a 27.3 per cent stake in Azimuth AI, a fabless custom ASIC company. This strategic investment, the company added, marks a significant milestone in Cyient\u2019s semiconductor journey and demonstrates the continued focus to drive accelerated growth in this industry. <\/p>\n<p>Krishna Bodanapu, Executive Vice-Chairman &amp; Managing Director of Cyient, said, \u201cDriven by the Indian Government\u2019s initiatives to boost domestic innovation in semiconductors, India is emerging as a hub for chip development, especially in power and energy-efficient systems. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cyient on Monday announced the acquisition of a 27.3 per cent stake in Azimuth AI, a fabless custom ASIC company. This strategic investment, the company added, marks a significant milestone in Cyient\u2019s semiconductor journey and demonstrates the continued focus to drive accelerated growth in this industry. Krishna Bodanapu, Executive Vice-Chairman &amp; Managing Director of Cyient, said, \u201cDriven by the Indian Government\u2019s initiatives to boost domestic innovation in semiconductors, India is emerging as a hub for chip development, especially in power and energy-efficient systems.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-871123","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/871123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=871123"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/871123\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=871123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=871123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=871123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}