Brokerages see the acquisition as aligned with Coforge's stated ambition to shift more deeply into higher-value, AI-driven engineering services ...
Earlier, Moneycontrol exclusively reported that Coforge is in advanced discussions to acquire Encora, potentially marking one of the largest transactions in the digital engineering space, citing ...
Coforge’s $2.35 billion Encora deal, India’s biggest IT acquisition, has analysts bullish. Jefferies and Motilal Oswal see up ...
The proposed acquisition is expected to strengthen Coforge’s cloud, data, and product engineering capabilities while expanding its footprint in key overseas markets.
Coforge CEO Sudhir Singh defends the $2.35 billion Encora acquisition, while Advent International’s Shweta Jalan backs the ...
Encora, whose revenue-per-employee metrics and adjusted EBITDA margin of 19% are significantly higher than Coforge’s, ...
“The Encora acquisition is a defining moment for our organization,” said Coforge Chief Executive Officer Sudhir Singh. “It establishes a scaled AI-led engineering capability moat for the firm ...
Coforge acquires Encora for $2.35B to expand AI and data services. Explore analyst insights and future share price prospects now!
Coforge Ltd has emerged an unlikely star in India's IT services sector: notching a $1.56 billion win with Sabre and buying ...
Brokerages like DAM Capital believe that the absence of any meaningful lock-in for incoming PE shareholders such as Advent ...
Shares of IT services firm Coforge rose 2.5% to hit an intraday high of Rs 1,715 on Monday, December 29, after the company announced the acquisition of U.S.-based AI engineering firm Encora for an ...
Coforge's planned $2.35 billion all-stock acquisition of US-based Enc­ora has divided the Street, with a few brokerages terming it a 'strategically positive' but exe­cution-heavy bet while others ...