LTI and Mindtree Merge to Form LTIMindtree
November 14, 2022
Larsen & Toubro Infotech (LTI) and Mindtree completed a court-approved merger to operate as a single entity, LTIMindtree, effective November 14, 2022. The combination creates a scaled-up IT services provider with a broader service portfolio, enhanced scale and a combined global workforce (the merged entity) and positions LTIMindtree to pursue larger digital transformation engagements.
- Buyers
- Larsen & Toubro Infotech (LTI), Larsen & Toubro (L&T)
- Targets
- Mindtree
- Industry
- IT Services
- Location
- Karnataka, India
- Transaction Type
- Buyout
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