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Cyient Limited — Capital/Financing Update 2021
Jun 23, 2021
60361_rns_2021-06-23_f73a23d0-572f-4e4d-bd12-bd19c7322648.pdf
Capital/Financing Update
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CYI l::NT
23 June 2021
The BSE limited PJ Towers, 25 th Floor, Dalal Street Mumbai 400001. Scrip Code: 532175
The National Stock Exchange of India Ltd Exchange Plaza, Bandra-Kurla Complex, Bandra (E) Mumbai-400 051. Scrip Code: CYIENT
Dear Sir/ Madam,
Sub: Press release
A copy of a press release being issued by the company is enclosed.
Thanking you, For Cyient limited
Ravi Kumar Nukala Dy. Company Secretary
Cyient Ltd. • 4 th Floor, A Wing, 11 Software Units Layout, Madhapur Hyderabad -500 081 India
CIN: L72200TG1991PLC013134
www.cyient.com [email protected] T +91 40 6764 1000 F +91 40 2311 0352
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PRESS RELEASE
Cyient Celebrates First Anniversary of IC Design and Development Center in Duisburg, Germany
- Investment aims to broaden expertise and service offerings of custom turnkey ASICs and semiconductors for customers worldwide
- Increase presence in industrial, automotive, medtech markets across Central Europe
Hyderabad, India, June 23, 2021: AnSem, a Cyient company, announced the first anniversary of the acquisition of an integrated circuit (IC) design center in Duisburg, Germany. By delivering innovation on chip, AnSem has always supported its global customers across industrial, automotive, medical, and semiconductor industries by revolutionizing their respective markets. The addition of another facility further strengthens AnSem's capability in the digital design flow for large System on Chip (SoCs) and production test development.
These acquisitions are a reflection of Cyient's ambition to grow exponentially in the Semiconductor industry. Cyient's design and delivery centers are recruiting in the US, Germany, Belgium, and India to strengthen their teamsin order to meet the needs of their customers.
At present, the Duisburg centerhas over 25 highly skilled ASIC and semiconductor design engineers, with an average experience of 20 years. Further, it houses all disciplines to execute standalone ASIC projects successfully, remain a trusted turnkey design and development partner for its customers, and provide semiconductor design services, including physical design custom layout, test, and verification and validation through proven in-house capabilities as well as robust ecosystem partnerships.
Commenting on the occasion, Andrew Smith, Head of the Semiconductor Business, Cyient, and General Manager of Ansem, said, "Our best guarantee for excellence in customer service, project execution, and a faster time-to-market is by being closer to our customers. This design center with highly experienced design engineers is embedded within the network of Cyient semiconductor design centers and perfectly located to serve key customers in the region."
With three different locations in Europe—Leuven (Belgium), Enschede (The Netherlands), and Duisburg (Germany)—and three locations in India (Hyderabad, Pune, and Bangalore), Cyient can now seamlessly deliver turnkey ASIC solutions, digital verification, and back end/custom analog services worldwide.
"We are pleased to expand our footprint in Duisburg. This additional design center reaffirms Cyient's ambition to remain the leading custom turnkey ASIC supplier. With our strong momentum and growth, including in our semiconductor business, we look forward to
leveraging our presence in Germany to support customers globally," said Karthik Natarajan, Executive Director and Chief Operating Officer at Cyient.
Germany is the heart of R&D and manufacturing for global industrial and automotive markets. Duisburg'sstrategically located design center brings AnSem even closer to industry leaders in these segments and strongly underlines Cyient's commitment to serving these markets with custom turnkey mixed-signal ASIC solutions.
About AnSem—A Cyient Company
AnSemis Cyient's center of excellence for providing custom turnkey mixed-signal ASICs and managing the complete life cycle—from design requirements to high-volume production until end-of-life. AnSem specializes in advanced analog, digital, RF, and mixed-signal integrated circuit design and provides custom turnkey ASICs for global customers across industries, including automotive, medical, industrial, consumer, and communications.
AnSemis Europe's leading fabless custom turnkey ASIC company with global reach. Founded in 1998, it specializes in the custom development of ASICs for wired and wireless communications, sensor and MEMS, ultra-low power, and high-voltage applications.
The company is an approved ARM Design partner and TSMC Design Center Alliance partner. AnSem is IS9001- and ISO13485 (MedTech)-certified and a proven partner for visionary customers reaching global leadership in the industrial, medical, automotive, and IoT markets.
To find out more, please visit www.ansem.comorwww.cyient.com.
| Rudra Bose Satyaki Maitra |
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| Cyient Press Office – Genesis BCW |
| +91 9811626585 +91 99580 41503 |
| [email protected] [email protected] |
Devina Wallang | Michelle Lobo Cyient PR Team +91 7829673285 | +91 9833307424 [email protected] | [email protected]
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