Khaitan acts for L&T Infotech on $5.5m buy of Lymbyc AI specialist

Larsen & Toubro Infotech (LTI) has signed a definitive agreement to acquire Lymbyc, a specialist AI, machine learning, and advanced analytics company for an enterprise value of Rs 38 crore. The acquisition will help strengthen LTI’s digital and analytics offerings. — The Economic Times

Khaitan & Co advised Larsen & Toubro Infotech Limited led by a team of partner Niren Patel, principal associate Aayush Misra, associate Shubhi Pahwa, and associate Pritika Mehrotra.

2019-07-17

Deal value: USD 5.5 million

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