CYIENT and ASE sign agreement

摘要

ASE S.p.A and Cyient Inc. entered into a joint go-to-market agreement for joint market development of products in the electric power generation arena. The agreement intends to collaborate and provide full life-cycle services, products, and systems to the aerospace and defense industry. Both the companies believe that combination of Cyient's industry knowledge and experience combined with ASE's expertise will help to develop new products and solutions in electrical power generation and also in conversion, management, and distribution systems. This will help to strengthen Cyient's combined business opportunities worldwide including possible offset discharge obligations.