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Friday, 24 March2023

L&T Infotech acquires Cuelogic for $8.4mn

L&T Infotech acquires Cuelogic for $8.4mn

<p>Pune-based startup Cuelogic technologies have been acquired by L&amp;T Infotech for $8.4mn. This is L&amp;T&rsquo;s seventh acquisition since 2016. The acquisition will provide L&amp;T with 300+ employees and 100+ products. Cuelogic focuses on cloud-native web and mobile apps. They reported revenue of $5.5 mn in FY21 and work in areas like UX Consulting, DevOps, AI Consulting, IoT, Applications Modernisation, and Cloud Architecture &amp; Integration.</p> <p>&nbsp;</p>

Read full story at Financial Express
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