Coforge's $2.35B Encora Buy Creates AI Engineering Powerhouse, Says CEO

• Coforge acquires Encora for $2.35 billion, positioning it as a global leader in AI-led engineering.
• The acquisition creates a $2.5 billion tech services powerhouse with strong capabilities in AI, cloud, and data services.
• Encora brings deep AI-native engineering expertise, operating within Fortune 500 enterprises with a production-grade agentic platform.
• The combined entity aims for $2.5 billion revenue by FY27, expanding Coforge's US footprint and adding 3,100+ nearshore professionals.
• The all-stock deal is expected to be EPS accretive, with Encora shareholders holding 21% of the combined company.

Why It Matters: Coforge's Encora acquisition establishes it as a major AI engineering leader, boosting scale and capabilities.