In May, TAO Digital was picked up for $130 million at 2.8x revenue by Cyient, highlighting continued buyer interest in AI-driven digital transformation and IT services. The acquisition adds AI-driven digital transformation, cybersecurity, data analytics, IAM, and cloud capabilities to Cyient’s engineering-led IT services offering.
Featured Category
Seller Name
TAO Digital
Buyer Name
Cyient
Value Type
Deal Value
$130M
Seller Logo
EV/S Multiple
2.8x revenue
Buyer Logo
Deal Date
