Announced

L&T Technology Services to acquire Intelliswift Software for $110m.

Synopsis

L&T Technology Services, an engineering research and development services provider, agreed to acquire Intelliswift Software, an information technology and services provider, for $110m. “Joining forces with a prominent Engineering & R&D services leader like LTTS is a strategic step forward for Intelliswift. Together, we aim to become the leading technology partner for major hyperscalers and companies worldwide that depend on us for business critical products and platforms, significantly enhancing our digital offerings. Our customers will benefit from innovative advancements throughout the software and digital platform lifecycle,” Pat Patel, Intelliswift Founder and Chairman.

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