Cyient Europe Ltd, an arm of the Hyderabad-based Cyient Ltd, has completed the acquisition of BlomAerofilms Ltd. Based in Cheddar, the UK, Blom provides ground surveying, digital mapping, aerial photography and laser scanning solutions. With a team of 40 employees, Blom clocked revenues of about £6m last year.
“The business acquired will continue to trade as BlomAerofilms Ltd until January 1, 2017, after which it will be known as a Cyient company. On April 1 next, the business will be fully integrated into Cyient Europe,” the firm said in a statement on Thursday.
“This acquisition will bring us knowledge around data acquisition. We will look to extend these combined services into our other key markets such as Smart Cities, Utilities and Transportation,” John Renard, President of Cyient (Europe, Middle-East and Africa) and Head for Utilities, said.
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