L&T Technology Services acquires US-based Intelliswift for $110 million

Engineering and technology services firm L&T Technology Services (LTTS) announced that it has signed a definitive agreement to acquire Silicon Valley-based Intelliswift for $110 million.

The acquisition, according to the firm, will deepen its offerings across software product development, platform engineering, digital integration, data, and artificial intelligence (AI). It will also provide LTTS access to marquee clients in retail, fintech, and hi-tech, while strengthening its relationship with hyperscalers.