Mysuru, December 3, 2024 – Kaynes Technology India Limited, has taken a significant step toward enhancing global infrastructure technology by acquiring a 54% controlling stake in Sensonic GmbH, Austria. This move, facilitated through Kaynes’ subsidiary, Kaynes Holding Pte. Ltd, positions the Mysuru-based company at the forefront of railway innovation.
The acquisition integrates Sensonic’s cutting-edge fiber optic sensing technology with Kaynes Technology’s established expertise in electronics and IoT solutions. Sensonic, a leader in Distributed Acoustic Sensing (DAS), leverages AI and machine learning for real-time railway monitoring, covering track conditions, landslide alerts, and security threats.
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Kaynes Managing Director, Ramesh Kunhikannan, highlighted this as a pivotal moment:
“This acquisition aligns with our vision to transform infrastructure and electronics technology. Together, we will drive progress in railway safety and efficiency worldwide.”
Alok Sinha, CEO of Sensonic, added:
“Partnering with Kaynes unlocks new opportunities to scale our solutions globally, creating a profound impact on safety, sustainability, and operational excellence.”
This collaboration further establishes Kaynes Technology’s commitment to advancing smart, sustainable infrastructure solutions while broadening its influence in the global market.
