Tech
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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