India, October 5, 2020 (GPN): L&T Technology Services Ltd (NSE: LTTS), a leading global pure-play engineering services company, has completed the acquisition, effective October 02, 2020, of Dallas, Texas-based Orchestra Technology Inc., a specialist technology solutions provider for the telecom industry.

The acquisition is in accordance with the terms set out in the agreement announced by the company on July 16, 2020. Orchestra will help bolster LTTS’ offerings in the areas of Network Engineering & Enterprise Mobility and open up new opportunities in next generation digital systems for 5G and IoT networks.

Following this transaction, Orchestra has become a wholly owned subsidiary of LTTS. ENDS

About L&T Technology Services Ltd

L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 16,600 employees spread across 17 global design centers, 28 global sales offices and 51 innovation labs as of June 30, 2020. For more information please visit https://www.ltts.com/