Larsen & Toubro Infotech has completed the acquisition of Bengaluru-based advanced analytics company Lymbyc.
In July, the company had announced the acquisition of Lymbyc for an enterprise value of ₹38 crore.
“The company has completed acquisition of 100 per cent shareholding of Lymbyc. Consequently, Lymbyc is now a wholly-owned subsidiary of the company,” according to a regulatory filing.
Lymbyc Solutions has its registered office in Chennai and is headquartered in Bengaluru and has an office in Texas in the US, the filing added.