{"id":928541,"date":"2025-05-07T08:01:16","date_gmt":"2025-05-07T02:31:16","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=928541"},"modified":"2025-05-07T08:30:48","modified_gmt":"2025-05-07T03:00:48","slug":"kpit-tech-to-acquire-caresofts-engineering-solutions-biz-for-191-mn","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/07\/kpit-tech-to-acquire-caresofts-engineering-solutions-biz-for-191-mn\/","title":{"rendered":"KPIT Tech to acquire Caresoft\u2019s engineering solutions biz for $191 mn"},"content":{"rendered":"<p>KPIT Technologies has acquired Caresoft Global\u2019s Engineering Solutions business for $191 million. The acquisition will drive the company\u2019s expansion into the truck and off-highway engineering solutions sector and accelerate KPIT\u2019s entry into the Chinese market. <\/p>\n<p>This also marks the KPIT\u2019s entry into manufacturing engineering solutions for the mobility segment.The $191-million deal includes a $25-million variable consideration based on revenue milestones and other business synergy details. This total consideration can be paid in one or more tranches over four years, with cash considerations and\/or equity shares at KPIT\u2019s discretion, according to a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KPIT Technologies has acquired Caresoft Global\u2019s Engineering Solutions business for $191 million. The acquisition will drive the company\u2019s expansion into the truck and off-highway engineering solutions sector and accelerate KPIT\u2019s entry into the Chinese market. This also marks the KPIT\u2019s entry into manufacturing engineering solutions for the mobility segment.The $191-million deal includes a $25-million variable consideration based on revenue milestones and other business synergy details. This total consideration can be paid in one or more tranches over four years, with cash considerations and\/or equity shares at KPIT\u2019s discretion, according to a statement.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-928541","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/928541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=928541"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/928541\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=928541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=928541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=928541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}