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Larsen & Toubro Infotech concludes acquisition of Syncordis India

Date: 12-12-2017

Larsen & Toubro Infotech (LTI) has completed acquisition of 100% shareholding of Syncordis Software Services India (Syncordis India) from Syncordis S.A., thereby making Syncordis India, a wholly owned subsidiary of the company. The acquisition of Syncordis S.A., Luxembourg along with other identified subsidiaries in Luxembourg, France and UK, is in the process of closure and completion of which will be intimated by the company in due course.

Earlier in November, LTI had executed definitive agreements for acquisition of Syncordis S.A. headquartered in Luxembourg along with its identified subsidiaries in Luxembourg, France, UK and India.

Larsen & Toubro Infotech is a global technology consulting and digital solutions company, helping more than 250 clients succeed in a converging world.