The proposed L&T Infotech (LTI) and Mindtree amalgamation will help LTIMindtree to strengthen collaboration opportunities and create the country’s next large-scale IT services player.
Though a few analysts have said that both firms have complementary capabilities and client exposures, Peter Bendor- Samuel, CEO of Everest Group, a research firm, told TNIE that it is a risky decision as they could lose market momentum.