Coforge has announced the acquisition of US-headquartered technology firm Encora Inc. in an all-stock transaction valued at $2.35 billion.
The deal brings together Coforge’s strengths in digital services and engineering with Encora’s expertise in product engineering, cloud, data, and analytics. Encora serves enterprises across financial services, healthcare, retail, technology and travel, with delivery centres spanning North America, Latin America and Asia.
Coforge said the acquisition will significantly deepen its presence in the North American market while accelerating its push into high-growth digital engineering and next-generation technology services. The combined entity is expected to operate with a larger global talent base and a broader international client portfolio.
Industry watchers view the transaction as part of a wider consolidation trend in the IT services space, as firms look to scale specialised capabilities and respond to rising enterprise demand for AI-led, cloud-native and data-driven solutions.
The transaction remains subject to regulatory approvals and customary closing conditions. Upon completion, Encora will be integrated into the Coforge group, with both organisations expected to focus on joint innovation, platform-led growth and global expansion.
Send news announcements/press releases to:
info@techdisruptormedia.com
About The Author
