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L&T Technology Services completes acquisition of Orchestra Technology

05 Oct 2020 Evaluate

L&T Technology Services (LTTS) has completed the acquisition of Dallas, Texas-based Orchestra Technology Inc., a specialist technology solutions provider for the telecom industry. The acquisition is in accordance with the terms set out in the agreement announced by the company on July 16, 2020. Orchestra will help bolster LTTS' offerings in the areas of Network Engineering & Enterprise Mobility and open up new opportunities in next generation digital systems for 5G and IoT networks. Following this transaction, Orchestra has become a wholly owned subsidiary of LTTS.

L&T Technology Services is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services.

Peers
Company Name CMP
TCS 2470.00
Infosys 1163.50
HCL Technologies 1374.65
Wipro 184.85
Tech Mahindra 1783.65
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