L&T Infotech which was ranked 10nth by Nasscom's Top 20 IT Software & Service exporters from India (2005-06) list, has signed an agreement to acquire GDA Technologies and all its design centers in the US and India.
All the three GDA founders would in the L&T Infotech management team and would help drive the product engineering service business.

"GDA's electronic design capabilities are a key building block in our roadmap towards creating end-to-end solution delivery capability for our global customer base. Such acquisitions are an integral part of our strategic plan to strengthen our presence in the IT consulting and services space," L&T Infotech Chairman A M Naik said.

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Prashanth Rai