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Cyient Buys Abu Dhabi Firm to Boost Middle East Tech
11 Dec
Summary
- Cyient Limited acquired Abu Dhabi and Gulf Computer Est (ADGCE).
- Acquisition targets expansion in energy, utilities, and transport sectors.
- Region's $200 billion energy investment fuels growth opportunities.
Cyient Limited announced its acquisition of Abu Dhabi and Gulf Computer Est (ADGCE), a technology consulting and digital services company based in Abu Dhabi. This strategic move is designed to significantly expand Cyient's operational footprint across the Middle East, a region experiencing substantial growth.
The acquisition will bolster Cyient's capabilities in critical sectors, including energy, utilities, and transportation. ADGCE's expertise in digital transformation, IoT, and data-driven asset management will complement Cyient's offerings, enabling the company to better serve governmental and private sector clients.
This expansion aligns with the Middle East's projected $200 billion investment in the energy sector, creating numerous opportunities in sustainability, modernization, and digitalization. Cyient aims to be a key partner in developing smart infrastructure and driving digital advancements throughout the region.
