Cyan Holdings Agrees Alliance With Wipro Technologies
December 12 2011 - 5:42AM
Dow Jones News
Cyan Holdings PLC (CYAN.LN), an integrated system design company
delivering mesh based flexible wireless solutions, Monday announces
an alliance with Wipro Technologies, a global Information
Technology, Consulting and Outsourcing business of Wipro Ltd.
(WIT).
MAIN FACTS:
-Wipro will provide Consulting and IT Services to power utility
companies in India deploying wireless meters incorporating
CyLec(TM), Cyan Technology's wireless communication solution for
electricity metering.
-No financial details disclosed.
-Cyan shares at 1005 GMT up 11% at 0.775 pence valuing the
company at GBP8.33 million.
-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296;
ian.walker@dowjones.com
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