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Sensonic, headquartered in Austria, brings cutting-edge capabilities in railway safety and efficiency through its applications such as track condition monitoring, landslide detection, and security enhancements powered by artificial intelligence and machine learning
This acquisition strengthens Kaynes Technology’s position as an innovation-driven organisation and expands its presence in global infrastructure technology markets. The transaction, completed after regulatory approvals, underscores Kaynes Technology’s commitment to advancing smart, sustainable solutions in infrastructure monitoring and management.
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“With this acquisition, the combined expertise of Kaynes Technology and Sensonic promises to deliver superior technological solutions to customers worldwide. This partnership integrates Sensonic’s advanced fibre optic sensing technologies with Kaynes Technology’s proven track record in manufacturing excellence and IoT innovation,” it added.
Ramesh Kunhikannan, Managing Director of Kaynes Technology, said, “Sensonic’s cutting-edge applications align seamlessly with our vision of delivering transformative innovation that propels progress.
Together, we are poised to create exceptional value for our customers and partners while advancing railway safety and efficiency on a global scale. Further, I take this opportunity to thank our JV Partners viz., Fraushcer Sensor Technology Group GmbH and Sintela FS LLP for onboarding us as JV partners for a successful journey together.”
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Shares of Kaynes Technology India Ltd ended at ₹6,232.30, down by ₹91.05, or 1.44% on the BSE.
