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L&T Infotech acquires US-based GDA Tech

Bs Reporter  |  Mumbai 

Larsen & Toubro Infotech (L&T Infotech), a subsidiary of the Larsen & Toubro Ltd, has signed a definitive agreement to acquire GDA Technologies Inc, and all of its design centers in USA and India.
GDA is a privately-held electronic design firm based in California, USA, and has expertise in various semiconductor developments from front-end design to physical design and design for deep sub-micron process technologies.
The company's portfolio of embedded hardware and software development capabilities along with the IP licensing provides its customers in the US, Japan and India with a complete solution. It employs over 350 employees in the US and India.
Commenting on the acquisition, A M Naik, CMD of the company, and Chairman, L&T Infotech, said, "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."
"This acquisition of GDA Technologies will help us deliver a broad set of chip design and product realisation services to our global customers, thereby complementing our capabilities in the IT services space," said Vijay Kumar Magapu, Chief Executive, L&T Infotech; Whole-time director and member of the board of the company.

First Published: Thu, December 14 2006. 00:00 IST