India’s Engineering Major L&T Acquires Dell’s Engineering Services Division

Larsen & Tourbo’s technology arm, L&T Technology Services, has successfully acquired the engineering services vertical of US technology company Dell. With the acquisition deal closed, the engineering giant will now provide comprehensive engineering research and development (ER&D) services to its transportation customers, through its global delivery centers in the US and India.

“Product engineering is undergoing structural shifts with evolving technologies, shorter development cycles, regulatory demands, and a shortage of skilled talent. This is a tremendous opportunity for us to have a strong local presence in North America where a majority of our clients are based. That along with Dell Engineering Services’ strong expertise in Embedded, and Mechanical Design & Analysis and a history of successful relationships in North America will help us ride the next level of growth,” said Keshab Panda, chief executive of L&T Technology Services.

He further added, “The transaction enhances L&T Technology Services’ ability to offer differentiated technology solutions and full program management services by leveraging global-local talent base at any point in the product development cycle. Dell Engineering Services has delivery centers in Illinois, Iowa and Texas in the US and Bangalore and Hyderabad in India.”

The American division of Dell Engineering Services will become a part of L&T Technology Services’ North America Offsite Delivery center and will have the headquarter in Peoria, Illinois. The company through the deal will now have greater access to the customer base of Dell Engineering Services and will enjoy a better share in the $4 billion transportation ER&D market.