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Coforge Shares In Focus On Mega $2.35 Billion Encora Acquisition Plan

Coforge Ltd. has announced its largest acquisition to date, purchasing US-based Encora for $2.35 billion, which is expected to significantly boost its North America business by 50%. This move is viewed positively by brokerages, as it enhances Coforge's capabilities in AI and digital engineering, particularly on the US West Coast and Mid-West.

Coforge Shares In Focus On Mega $2.35 Billion Encora Acquisition Plan

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Key Highlights

  • Coforge acquired Encora for $2.35 billion.
  • The acquisition is expected to increase Coforge's North America revenue by 50% to $1.4 billion.
  • The deal strengthens Coforge's presence in AI-led digital engineering.
  • Brokerages are optimistic about the acquisition's impact on Coforge's growth.
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Sources

  1. Coforge Shares In Focus On Mega $2.35 Billion Encora Acquisition Plan
  2. How Brokerages View Coforge After Landmark Encora Deal - Check Target Price From CLSA, JPMorgan And More

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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