Larsen & Toubro 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 Technology said in a BSE filing.

By: PTI | New Delhi | Published:October 19, 2016 12:31 pm
L&T Technology, Larsen & Toubro,Larsen & Toubro contract, Larsen & Toubro multi-million dollar contract, L&T contract, business news 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. (Source: Reuters File Photo)

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 per cent higher at Rs 857.90 on the BSE.

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