L&T Technology Services Deepens Software Product Development, Platform Engineering & AI Expertise
Signs definitive agreement to acquire
Expands footprint in Hyperscalers and big tech spenders
Intelliswift services 4 of the Top 5 Hyperscalers and caters to over 25 Fortune 500 companies including 5 of the top 10 ER&D spenders in Software and Technology. With this acquisition, LTTS will also be able to address adjacent markets of Retail and Fintech, along with the Private Equity channel.
The acquisition will enhance LTTS' AI and software capabilities in the Digital Engineering suite for global clients, through:
- Industry leading software product development, data & platform engineering capabilities
- Intelliswift’s AI-led automation framework which provides end-to-end automation solutions across platforms and processes.
- Digital Enterprise and Integration Services through agile engineering and next generation technologies
"Software and AI are becoming essential for our clients seeking to bring new products and differentiated solutions for the consumer. The acquisition of Intelliswift strengthens our digital and software product engineering capabilities, expands strategic client partnerships with major technology spenders, boosts our presence in
“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,”
said
About
Purposeful. Agile. Innovation. is how we drive growth across the Mobility, Sustainability, and Tech segments. Our customer base includes 69 Fortune 500 companies and 57 top ER&D companies across industrial products, medical devices, transportation, telecom & hi-tech, and process industries. Headquartered in
For additional information about
View source version on businesswire.com: https://www.businesswire.com/news/home/20241111146476/en/
Media Contact:
E: Aniruddha.Basu@LTTS.com
Source: