 "A man waits at a bus-stop with an advertisement of Larsen & Toubro outside the company's manufacturing unit")
L&T Technology Services (LTTS), the engineering services arm of L&T, has completed the acquisition of US-based design services firm Esencia. With this, Esencia Technologies will become a subsidiary of L&T Technology.
This acquisition is expected to enhance the company’s global offerings in areas such as perceptual computing, advanced silicon and wireless networking technologies and should enable the company to offer very large scale integration (VLSI) and application specific integrated circuit (ASIC) services to its global customers across hi-tech and semiconductor industries.
LTTS also expects to gain capabilities in advanced silicon products and wireless networking technologies with fast, powerful and
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