AI, transformation-led deals likely to fuel IT M&As: Experts

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As the technology services industry navigates another year of business drought, AI, engineering and 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 Wipro acquired two firms each while LTIMindtree purchased Voicing.AI in December. These came…



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AI, transformation-led deals likely to fuel IT M&As: Experts


As the technology services industry navigates another year of business drought, AI, engineering and 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 Wipro acquired two firms each while LTIMindtree purchased Voicing.AI in December. These came…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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