As the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/technology-services-industry” target=”_blank”>technology services industry navigates another year of business drought, AI, engineering and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/transformation-led-projects” target=”_blank”>transformation-led projects are likely to fuel the appetite for acquisitions, experts say.
Since the beginning of 2024, Infosys—India’s second largest IT major— has made four acquisitions in engineering R&D and semiconductor design services space, including two announced in April in cybersecurity and energy consulting areas.
Its smaller rivals HCLTech and rel=”dofollow” href=”https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Wipro acquired two firms each while rel=”dofollow” href=”https://economictimes.indiatimes.com/ltimindtree-ltd/stocks/companyid-3318.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>LTIMindtree purchased Voicing.AI in December. These came…
