Coforge Acquires Encora for $2.35 Billion, Bolstering AI Engineering Capabilities

Coforge is set to acquire Encora, an AI-native firm, for $2.35B. The deal, expected to close soon, aims to establish Coforge as a leading AI-driven engineering firm, projecting a $2.5B tech services powerhouse. The combined entity anticipates $2B in revenue from AI, data, and cloud services by FY’27, significantly expanding its US client footprint and LATAM delivery capabilities.