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L&T Technology Services, the engineering services arm of Larsen and Toubro Group. informed that it will acquire a 100 % stake in which Texas-based company?

L&T Technology Services, the engineering services arm of Larsen and Toubro Group. informed that it will acquire a 100 % stake in which Texas-based company? Correct Answer Orchestra Technology

The correct answer is Orchestra Technology.

Key Points 

  • L&T Technology Services (LTTS), the engineering services arm of Larsen and Toubro Group, informed that it will acquire a 100 % stake in Texas-based Orchestra Technology(Tech). 
    • It is an all-cash deal of USD 25 million (around INR 185 crores).

Additional Information

  • Orchestra Technology is a specialist technology partner for the Communication (Wireless and Wireline) eco-system.
    • Anuj Jain is the Founder and CEO of Orchestra Technology.
  • Larsen & Toubro is an Indian multinational engaged in EPC (Engineering, Procurement, and Construction) Projects, Hi-Tech Manufacturing and Services.
    • It operates in over 30 countries worldwide.
    • Headquarters- Mumbai
    • Group Chairman- A. M. Naik
    • CEO & Managing Director- S. N. Subrahmanyan

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