Intelliswift has been acquired by L&T Technology Services for approximately USD 110 million, enhancing LTTS's capabilities in software development and digital integration within the technology sector.

Target Information

Intelliswift, headquartered in Silicon Valley, is a technology service provider with an impressive revenue of approximately USD 100 million. Founded in 2002, the company specializes in software product development, platform engineering, digital integration, data solutions, and artificial intelligence. Intelliswift employs over 1,500 professionals and serves a diverse clientele, including four out of five hyperscalers, top ten engineering R&D players, and 25 Fortune 500 companies across various industries such as Hi-Tech, fintech, and retail.

Industry Overview

The technology industry in the United States remains robust and rapidly evolving, characterized by significant investments in digital transformation. Companies are increasingly focusing on leveraging advanced technologies, such as artificial intelligence and cloud computing, to optimize operations and enhance customer experiences. This trend has led to a competitive market where high-tech service providers like Intelliswift are positioned for growth.

The ongoing digital integration across sectors necessitates innovative solutions, making engineering and R&D services indispensable. The demand for skilled professionals in software development and data analytics is growing,