Larsen & Toubro to acquire Lymbyc.

Larsen & Toubro, a global technology consulting and digital solutions company, has agreed to acquire Lymbyc, a specialist AI, machine learning, and advanced analytics company. Financial terms were not disclosed. The acquisition further strengthens LTI’s fast-growing digital and analytics offerings. “We believe self-service capabilities for AI and advanced analytics will be the next wave of disruption in the marketplace, and Lymbyc brings this capability to our Mosaic platform. Leni by Lymbyc is an industry-agnostic platform that solves business user’s need for experience, speed, and comprehension. I welcome Lymbyc’s experienced management team and all its employees to the LTI family.” Sanjay Jalona, LTI Chief Executive Officer & Managing Director.