Coforge to Acquire Encora for $2.35 bn | AI-Led Tech Services Push & Acquisition Explained | ET Now
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Загружено: 2025-12-26
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Coforge to Acquire Encora for $2.35 bn | AI-Led Tech Services Push & Acquisition Explained | ET Now
IT services major Coforge is set to acquire US-based AI-native engineering services firm Encora for an enterprise value of $2.35 billion, creating a $2.5 billion tech services company with AI-led services as its core growth engine. Encora works with Fortune 500 and digital-native clients, strengthening Coforge’s capabilities in next-gen digital and AI solutions.
Meanwhile, Indian equity markets snapped a three-week losing streak, led by Shriram Finance, metals outperformance, and continued strength in smallcaps. Realty and pharma remained under pressure, while banking stocks weighed on the Bank Nifty. Here’s a complete deal + weekly market wrap.
#etnow #coforge #encora #india #merger #acquisition #coforgeshare #ai #fortune500 #businessnews
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