Friday, August 7, 2026
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Artificial Intelligence

Cyient Acquires Stake in Azimuth AI to Build Cutting-Edge ASIC Chips and Strengthen Semiconductor Capabilities

October 28, 2024
in Artificial Intelligence, PRNewswire
Reading Time: 4 mins read
5
SHARES
243
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

HYDERABAD, India, Oct. 28, 2024 /PRNewswire/ — Cyient, a global Intelligent Engineering services company, announced the acquisition of a 27.3% stake in Azimuth AI, a fabless custom ASIC company known for its expertise in intelligent energy and power solutions. This strategic investment marks a significant milestone in Cyient’s semiconductor journey and demonstrates the continued focus to drive accelerated growth in this industry.

Krishna Bodanapu, Executive Vice-Chairman & Managing Director of Cyient, said, “Driven by the Indian Government’s initiatives to boost domestic innovation in semiconductors, India is emerging as a hub for chip development, especially in power and energy-efficient systems. In July this year, we announced the strategic expansion of our Semiconductor business with the establishment of a fully owned subsidiary. Investing in Azimuth AI strengthens our focus on building cutting-edge ASIC chips designed and developed in India — for the world. It further enhances our capabilities in this critical space while reinforcing our commitment to next-gen power and energy solutions. We look forward to this partnership.”

Praveen Yasarapu, Founder and CEO of Azimuth AI, said, “We are pleased to embark on this journey with Cyient. The synergies between our companies are clear, and we are eager to leverage Cyient’s deep expertise in ASIC design, coupled with their proven ability to deliver high-quality, innovative solutions across multiple industries. Together, we aim to deliver groundbreaking solutions that will push the boundaries of semiconductor technology for the global as well as Indian market.”  

This strategic investment marks another significant step in Cyient’s ongoing efforts to expand its capabilities and drive innovation across the semiconductor industry.

About Cyient

Cyient (Estd: 1991, NSE: CYIENT) delivers Intelligent Engineering solutions for creating a digital, autonomous, and sustainable future for over 300 customers, including 30% of the top 100 global innovators. As a company, Cyient is committed to designing a culturally inclusive, socially responsible, and environmentally sustainable tomorrow together with our stakeholders.

For more information, please visit http://www.cyient.com

About Azimuth AI

Azimuth AI is an Embedded Silicon Product company developing highly differentiated ASICs for Edge Computing Applications. 

Gowtham Uyalla

Kaizzen PR

gowtham.uyalla@kaizzencomm.com

Phalguna Hari Jandhyala

Cyient 

phalguna.harijandhyala@cyient.com

 

View original content:https://www.prnewswire.co.uk/news-releases/cyient-acquires-stake-in-azimuth-ai-to-build-cutting-edge-asic-chips-and-strengthen-semiconductor-capabilities-302288428.html

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

SalesHood Launches Interactive Mutual Action Plans in Digital Sales Rooms to Scale Repeatable B2B Sales Execution

Next Post

Active Power Steering Market Next Big Thing | Thales Group, Leonardo S.P.A, Saab AB

Related Posts

STARCARES Revamps Basketball Court at the University of Lagos for Future Healthcare Professionals

DUBAI, U ited A ab Emi ates, Aug. 07, 2026 (GLOBE NEWSWIRE) -- The evitalised basketball cou t gives app oximately 2,000 futu e healthca e p ofessio als a dedicated space to echa ge, co ect, a d build commu ity activities beyo d thei academic t ai i...

Read moreDetails

Court Grants Final Order Approving Acquisition of Kneat by Thoma Bravo

LIMERICK, I ela d, Aug. 06, 2026 (GLOBE NEWSWIRE) -- k eat.com, i c. (TSX: KSI) (OTCQX: KSIOF), (“K eat” o the “Compa y”), the global leade i digital validatio a d quality p ocess automatio , today a ou ced that the O ta io Supe io Cou t...

Read moreDetails

Crypto News Today: AlphaPepe Presale Nears Tier-1 CEX Partnership Reveal as XRP Price Prediction Targets $10

MONACO, Aug. 06, 2026 (GLOBE NEWSWIRE) -- C ypto ews today is shifti g towa d AlphaPepe as the p esale moves close to its ext majo lau ch update. The p oject has ow aised $2.2 millio , passed 10,700+ holde s, a d eached a cu e t...

Read moreDetails

Vadzo Imaging Positions Onsemi AR0544 Low Power USB Camera for Environmental Monitoring, Waste Classification, and Fill-Level Detection

Vadzo Imagi g's Falco -544CRS is a 5MP colo USB came a built o the O semi AR0544 Hype Lux se so , delive i g olli g shutte imagi g with embedded HDR a d low powe co sumptio i a compact USB 3.2 UVC-complia t module e gi...

Read moreDetails

BDA、東京およびテクノロジーセクターの体制を強化

Tokyo, Japa , August 06, 2026 --(PR.com)-- BDA Pa t e s(以下「BDA」)は本日、東京オフィスおよびグローバル・テクノロジーセクターチームにおけるリーダーシップ体制の進化を発表しました。日本フランチャイズおよびテクノロジー・プラクティスの継続的な成長を支えるものです。マネージングディレクターの佐々木優は、BDA東京の共同代表(Co-Head, BDA Tokyo)に就任しました。チームマネジメント、プライベートエクイティ・カバレッジ、案件執行における経験に加え、テック・イネーブルド・サービス、産業財、消費財の各セクターで豊富なトラックレコードを有しています。佐々木は、パートナーのジェフ・アクトンとともに東京オフィスを率います。アクトンは、日本企業および外国企業、創業者、フィナンシャル・スポンサーを対象とするクロスボーダーM&Aにおいて日本で最も経験豊富なバンカーの一人として、引き続きBDA東京の共同代表を務めます。BDA マネージング・パートナーのアンドリュー・ハントリー(A d ew Hu tley)は、次のように述べています。「アクトンと佐々木は互いに補完し合う強みを備えており、フィナンシャル・スポンサー・カバレッジとクロスボーダーM&Aを統合したBDA東京の戦略を推進していきます。今回の体制の進化は、日本市場への継続的な投資、東京チームをさらに拡充していく意志、そして世代交代とも呼ぶべき構造変化のただ中にある日本のM&A市場において、BDAが差別化されたポジションを有していることへの確信を示すものです。」BDAは日本において長年にわたり事業基盤を築き、当社のコアセクター全般で国内およびクロスボーダーのM&Aに関する助言を提供してきました。近年の日本におけるクライアントには、アドバンテッジパートナーズ、AGC、カーライル、ヘンケル、丸の内キャピタル、三菱商事、NISSHA、日本産業推進機構(NSSK)、オン・セミコンダクター、ラクス、シマノなどが含まれます。テクノロジーセクターにおいては、パートナーのマノジ・バルワニ(Ma oj Balwa i)が、テクノロジーセクターのグローバル・ヘッド(Global Head, Tech ology)に就任しました。近年築いてきた大きなモメンタムと、米国、インド、そしてグローバルにBDAのテクノロジー・フランチャイズを発展させてきたリーダーシップを反映したものです。バルワニは、拡大した役割のもと、BDAのグローバルなテクノロジーセクター戦略と継続的な成長を牽引し、エンタープライズ・テクノロジーサービス、クラウド、データ、AI、ソフトウェアの各領域において、事業会社およびフィナンシャル・スポンサーのクライアントに対し、重要案件で助言を行っていきます。ジェフ・アクトンは、日本におけるリーダーシップの役割と併せ、引き続きテクノロジーセクターのチェアマン(Chai ma , Tech ology)として、BDAのテクノロジー・プラクティスの一層の発展を支えていきます。BDA マネージング・パートナーのポール・ディジャコモ(Paul DiGiacomo)は、次のように述べています。「テクノロジーを取り巻く環境が大きく変化するなか、BDAはテクノロジーセクターにおいて真に卓越したトラックレコードを築いてきました。これは、アクトンとバルワニがもたらすリーダーシップとセクターに関する深い知見、そしてBDA全体でクライアントに寄り添う優秀なテックバンカーのチームによるものです。」BDA マネージング・パートナーのユアン・レリー(Eua Rellie)は、次のように付け加えています。「アクトン、バルワニ、佐々木の3名に対し、これまでの貢献、リーダーシップ、そしてクライアントへの献身に、感謝と祝意を表します。日本およびテクノロジー分野で事業を展開するクライアントに対して、当社がお届けできる信頼と実行力は着実に高まっています。より大規模な取引を組成し、クロージングまで導くことで、最も野心的かつ要求水準の高いクライアントに付加価値を提供できることを、私たちは示しています。」

Read moreDetails

BDA Strengthens Tokyo and Tech Sector Leadership

New Yo k, NY, August 06, 2026 --(PR.com)-- BDA Pa t e s today a ou ced a evolutio of leade ship withi its Tokyo office a d its global Tech ology secto team, to suppo t the co ti ued g owth of its Japa f a chise a d...

Read moreDetails

Intermap Announces Date for Second Quarter 2026 Financial Results

DENVER, Aug. 06, 2026 (GLOBE NEWSWIRE) -- I te map Tech ologies (TSX: IMP; OTCQB: ITMSF) (“I te map” o the “Compa y”), a global leade i geospatial i tellige ce powe ed by p op ieta y 3D data a d AI-d ive a alytics, today a ou ced...

Read moreDetails

ALIANDO Featured in CIO Review; CEO David Fuess Shares Vision for the Future of Cloud, Data, and AI

Recog itio highlights ALIANDO's expe tise i Azu e Cloud Mode izatio , Data & AI, a d e te p ise t a sfo matio . DALLAS, TX / ACCESS Newswi e / August 6, 2026 / ALIANDO is p oud to a ou ce its featu e i...

Read moreDetails

Innodata Reports Record Second Quarter 2026 Results

Reve ue Up 58% Yea -Ove -Yea , Beats Co se sus by 7% Adjusted EBITDA of $25.4 Millio , Beats Co se sus by 50% Adjusted G oss Ma gi Expa ds to 49% A ou ces Pla ed Leade ship T a sitio Effective Septembe 30: Rahul Si...

Read moreDetails

CXApp Inc. (Nasdaq: CXAI) to Host Second Quarter 2026 Earnings Call and Investor Forum on August 13, 2026

Eve t to Featu e Q2 Fi a cial Results, P oduct Demo st atio s, Executive P ese tatio s o CXAI's Combi ed Busi ess a d Path to P ofitability, a d a I dust y Expe t Fi eside Chat PALO ALTO, CA / ACCESS Newswi...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top Cross-Chain DeFi Solutions to Watch by 2025

    179 shares
    Share 72 Tweet 45
  • Understanding Soulbound Tokens SBT Their Definition and Significance

    76 shares
    Share 30 Tweet 19
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    181 shares
    Share 72 Tweet 45
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    95 shares
    Share 38 Tweet 24
  • Top Layer 1 Crypto Projects to Watch in 2025

    32 shares
    Share 13 Tweet 8
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

There are currently no events.

Latest on Web3Wire

  • MEXC Lists New Ondo Tokenized Stock Pairs Spanning AI Infrastructure, Semiconductor and Rare Earth Sectors
  • ACM Research’s Ultra ECP ap-p Horizontal Panel Electroplating Tool Receives First Production Order and Evaluation Order from Customers
  • DouYu International Holdings Limited Announces Changes in Management
  • ACM Research Expands Ultra C Tahoe into a Wet Processing Platform
  • ACM Research Reports Second Quarter 2026 Results

RSS Latest on Block3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age

RSS Latest on Meta3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Founder’s Note
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Web3Wire Whitepaper | Tokenomics

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!

The Klyrox Protocol | The Algorithmic Monographs

Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News

Media Portfolio: Block3Wire | Meta3Wire

  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.