New Delhi: IT services firm Coforge on Friday said it will acquire 100 per cent stake in Silicon Valley-based AI firm Encora for an enterprise value of USD 2.35 billion (about Rs 21,133 crore).

The enterprise value of the transaction is USD 2.35 billion, Coforge said in a regulatory filing.Coforge CEO and Executive Director Sudhir Singh said the acquisition establishes a scaled AI-led ...

Coforge, a leading Indian IT services provider, announces its acquisition of Encora for $2.35 billion to enhance its AI ...

Coforge will acquire AI firm Encora for $2.35 billion in an all-stock deal, creating a $2.5 billion AI-led IT services ...

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Coforge to acquire AI firm Encora for USD 2.35 billion in an all-stock deal. Acquisition to boost AI & cloud capabilities.

The Noida-based company will acquire Encora from private equity firms Advent International, Warburg Pincus and other minority ...

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The acquisitions mark the company's largest spending on such transactions in three years as it shifts focus on software-led ...