Karthik Natarajan, the former head of Tech Mahindra’s Integrated Engineering Services (IES), has joined Cyient as COO. We think, the appointment of Mr. Natarajan is a welcome move for Cyient, which has faced growth challenges in the past quarters, resulting from its client concentration and its exposure to Boeing and Pratt & Whitney.
Tech Mahindra made a surprise move in semiconductor engineering services. The company is to acquire Cerium Systems, a Bangalore-based semiconductor design and embedded systems specialist. Cerium has a headcount of 840 and revenues of ~USD 15m in FY19 (ending
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