Larsen & Toubro (L&T) has signed a definitive agreement on January 16, 2019 to acquire Ruletronics (UK), Ruletronics Systems Inc. (US) and Ruletronics Systems. The acquisition is subject to customary closing conditions which are expected to get completed within 8 weeks.
Acquisition of Ruletronics will strengthen the company's rapidly growing digital business with a suite of capabilities in Pega implementation in establishing BPM Roadmap & Strategy, customer services, RPA and decisioning. The enterprise value payable for the acquisition of 100% share capital of Ruletronics is $7.48 million, including up-front consideration and earn-outs.
Ruletronics is a pure play Pega consulting and implementation company providing innovative BPM and CRM solutions to customers across insurance, banking, healthcare and retail segments.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3953.90 |
| Rail Vikas Nigam | 272.00 |
| NCC | 151.85 |
| KEC International | 563.95 |
| Kalpataru Projects | 1171.40 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: