Moneycontrol
Oct 19, 2016 12:03 PM IST IST | Source: PTI

L&T Technology bags multi-million dollar contract

"This strategic tie-up between the two companies will enable the customer to strengthen its product offering and capitalise on market opportunities with superior quality products," L&T Tech said in a BSE filing.


L&T Technology Services, an arm of engineering giant Larsen and Toubro, today said it has secured a multi-million dollar contract from a large global semi-conductor company to provide verification support on their expansive portfolio of offerings and products.


"This strategic tie-up between the two companies will enable the customer to strengthen its product offering and capitalise on market opportunities with superior quality products," L&T Tech said in a BSE filing.


"We have been awarded a multi-year partnership with one of the world's most respected technology companies. We will continue to provide cutting edge services and solutions to global customers," L&T Tech CEO & MD Keshab Panda said.


L&T Technology Services Rs 900 crore IPO has hit the market September this year.

Shares of L&T Tech were trading 0.79 percent higher at Rs 857.90 on the BSE.

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