The acquisition, initially announced on 26 December 2025, aims to create a $2.5 billion AI-native technology services firm, with a $2 billion core focused on data, AI-led engineering, and cloud-based services. All regulatory and statutory approvals were secured without conditions, paving the way for the transaction's completion.

Integration planning and execution are reportedly progressing on schedule, with the integration management office monitoring workstreams across all functional areas. Coforge has emphasised leadership continuity, noting that all senior leaders invited to remain post-acquisition have accepted their offers.

Additionally, Coforge's cost optimisation programme targeting General & Administrative (G&A) functions is advancing as planned. The company expects to achieve a 20%-25% reduction in G&A costs for the combined entity within the projected timelines, aligning with its margin guidance.

The commercial and sales teams of both organisations are prepared to begin collaborative operations immediately after the transaction closes, reflecting Coforge's confidence in the strategic rationale of the acquisition and its commitment to delivering shareholder value promptly.

Sudhir Singh, Chief Executive Officer and Executive Director of Coforge, expressed satisfaction with the transaction's progress, stating, "We are pleased to report that the transaction has gone exactly as per plan and every element of anticipated synergies is on course to be realized. We look forward to the two firms merging by the end of April 2026 and subsequently operating as a US$2.5 plus billion firm on a run rate basis, with a US$2 billion enterprise core of AI-led engineering, data, and cloud services."

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).