Larsen & Toubro Infotech has signed an agreement to acquire Lymbyc, a specialist AI, machine learning, and advanced analytics company.
The acquisition of Bengaluru, India-based Lymbyc strengthens LTI’s digital and analytics offerings. Financial details were not disclosed.
Lymbyc, founded in 2012, has customers in the USA, UK, Africa, and India.
Lymbyc is the fifth acquisition by LTI since the company got listed in 2016. Earlier this year, the company acquired Ruletronics, a Pega Consulting company, and N+P (NEILSEN+PARTNER), a Temenos Wealthsuite specialist.