The Times of India News

Coforge-Encora deal: IT firm to acquire AI player Encora for $2.35 bn; PE investors to hold one-fifth stake

Coforge has announced acquisition of Silicon Valley-based AI firm Encora. The all-stock deal is valued at $2.35 billion. The combined entity will form a substantial technology services platform. This strategic acquisition is set to boost Coforge's presence in key service areas.