Coforge clinches $2.39-billion Encora deal in Indian IT’s biggest acquisition

Coforge's board approved the acquisition of Encora for $2.35 billion, issuing 93.8 million shares. The merger will create a $2.5 billion entity focused on AI, cloud, and data services, with projected revenue of $2 billion by FY27.

Coforge clinches $2.39-billion Encora deal in Indian IT’s biggest acquisition
Coforge's board approved the acquisition of Encora for $2.35 billion, issuing 93.8 million shares. The merger will create a $2.5 billion entity focused on AI, cloud, and data services, with projected revenue of $2 billion by FY27.

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