L&T Infotech Acquires US-based EDA firm
By siliconindia   |   Wednesday, 13 December 2006, 18:30 IST
Printer Print Email Email
Mumbai: Larsen & Toubro Infotech Limited (L&T Infotech), IT consulting and services organization, and subsidiary of USD 4 billion plus Larsen & Toubro Limited (L&T), has signed a definitive agreement to acquire GDA Technologies Inc., and all of its design centers in the USA and India. GDA, a privately held electronic design firm based in California, USA, is among the fastest growing companies in the Silicon Valley. It has over 350 employees in the USA and India and over 100 customers in the USA, Japan and India. GDA works in various semiconductor developments from front-end design to physical design for deep sub-micron process technologies. Commenting on the acquisition, A. M. Naik, Chairman & Managing Director, L&T; and Chairman, L&T Infotech, said, “GDA’s electronic design capabilities are a key building block in our road map towards creating end-to-end solution delivery capability for our global customer base. Such acquisitions are an integral part of our strategic plan to strengthen our presence in the IT consulting and services space.” “This acquisition of GDA Technologies will help us deliver a broad set of chip design and product realization services to our global customers, thereby complementing our capabilities in the IT services space,” said Vijay Kumar Magapu, Chief Executive, L&T Infotech; Whole-time Director and Member of the Board, L&T. All the three GDA founders will join the L&T Infotech management team and will help drive the product engineering service business to the next level. “This agreement enables us to scale up the business to the next level with the strong process capabilities, infrastructure and investment support from L&T Infotech. This highly synergistic combination of GDA's board and chip level complex engineering expertise and L&T Infotech's middle ware and higher-layer software services provide our customers with a complete solution,” said A. G. Karunakaran, President of GDA Technologies.

Digital Supply Chain Transformation – Winning the AI/ML Way