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flag Indian IT firm Coforge to acquire U.S. AI company Encora in $2.35B all-stock deal, pending approval.

flag Indian IT firm Coforge has agreed to acquire U.S.-based AI company Encora in a $2.35 billion all-stock deal, subject to regulatory approvals. flag The transaction, valued at $1.89 billion in equity, will see Encora’s shareholders receive a 20% stake in Coforge. flag The acquisition, finalized on December 26, 2025, aims to boost Coforge’s AI, cloud, and digital transformation capabilities in North America. flag The combined company is projected to reach $2 billion in revenue by March 2027. flag The deal reflects increasing consolidation and strategic focus on AI within the global IT services industry.

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