L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global player in engineering, digital, and R&D services, has announced a significant long-term framework agreement with Shell, one of the world’s foremost energy companies. This multi-year deal will see L&T Technology Services provide a range of services, including Integrated Engineering and Procurement Services, Digital Engineering […]
Persistent Systems, listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker PERSISTENT, has declared its intent to acquire Starfish Associates, a New Jersey-based leader in Enterprise Communications automation. This strategic move significantly enhances Persistent’s capabilities in the Contact Center and Unified Communications sectors, leveraging its robust AI-driven business […]
Saksoft Limited, a prominent IT services provider, announced today its strategic acquisition of Augmento Labs, a Bangalore-based digital engineering firm, in a deal valued at up to Rs 100 crores. The transaction, which includes an upfront cash consideration of Rs 35 crores and additional earnout consideration based on future performance, is set to be finalized […]
Cyient, a global leader in Intelligent Engineering and Technology Solutions, recently unveiled its financial outcomes for the fourth quarter ending March 31, 2024, and for the fiscal year 2024, signaling strong performance and strategic advancements. The Hyderabad-based company announced a series of achievements that underscore its robust position in the market, driven by significant growth […]
L&T Technology Services (LTTS), a leading global digital engineering and R&D services provider listed on BSE and NSE, announced a significant restructuring of its business model. The company will streamline its operations from five distinct segments into three focused categories: Mobility, Sustainability, and Hi-Tech. This reorganization is part of LTTS’s ‘Go Deeper to Scale’ strategy, […]
Infosys, a global leader in next-generation digital services and consulting, today declared a definitive agreement to acquire in-tech, a prominent Engineering R&D services provider focused on the German automotive industry. This acquisition, valued at an undisclosed amount, is poised to significantly enhance Infosys’ Engineering R&D capabilities, especially in the burgeoning field of automotive technology. Headquartered […]
In a significant expansion of its commerce services, Accenture (NYSE: ACN) has successfully completed the acquisition of Mindcurv, a trailblazer in the digital experience and data analytics sphere. This move, announced on February 28, 2024, signifies a substantial leap forward for Accenture Song, aiming to fortify its position as a global leader in tech-powered creative […]
Siemens Mobility is setting a remarkable precedent in the rail industry with a hefty €115 million investment to establish a state-of-the-art rail infrastructure manufacturing, digital engineering, and research & development (R&D) center in Chippenham, UK. This development is not just a testament to the company’s dedication to innovation, sustainability, and excellence but also marks a […]
Persistent Systems (BSE and NSE: PERSISTENT), a leader in Digital Engineering and Enterprise Modernization, unveiled its latest innovation, SASVA, a state-of-the-art enterprise AI platform. Designed to leverage the power of Large Language Models (LLMs) and Machine Learning (ML), SASVA aims to redefine software engineering by accelerating software releases, ensuring faster time-to-market, and enhancing overall efficiency. […]
Accenture (NYSE: ACN), a global leader in consulting and professional services, has announced its strategic acquisition of Mindcurv, a prominent cloud-native digital experience and data analytics company. This move marks a significant enhancement to Accenture Song, the world’s largest tech-powered creative group, particularly expanding its commerce services across the globe. Although the financial terms of […]