CosmicTaco

L&T Tech Buys AI Firm Intelliswift for $110M

CosmicTaco · 2024-11-12T08:53:14.114678+05:30

* L&T Technology Services acquires California-based AI and software firm Intelliswift for $110 million. * The acquisition will enhance LTTS' AI and software capabilities, and allow it to address retail and fintech markets. * Intelliswift services top hyperscalers and Fortune 500 companies, strengthening LTTS' presence in Silicon Valley. Source: [Moneycontrol](https://www.moneycontrol.com/technology/lt-tech-acquires-california-based-ai-software-firm-intelliswift-in-110-mn-deal-article-12863189.html)

L&T Technology Services acquires California-based AI and software firm Intelliswift for $110 million.
The acquisition will enhance LTTS' AI and software capabilities, and allow it to address retail and fintech markets.
Intelliswift services top hyperscalers and Fortune 500 companies, strengthening LTTS' presence in Silicon Valley.

Source: Moneycontrol