Larsen & Toubro’s (L&T) wholly owned subsidiary -- Larsen & Toubro International FZE (ITIFZE), has entered into a Share Purchase Agreement (SPA) on December 20, 2021 to acquire, stake in Intelliflux Controls Inc., a Delaware Corporation. The main aim of acquisition is to improve analytics, design capabilities for WTP/ STP. Intelliflux Controls Inc, a Delaware Corporation, is an integrated water analytics platform that uses Al/ ML to optimize plant performance.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
