AI race: Coforge to acquire Encore in nearly $2 billion deal

Mid-cap IT firm Coforge is set to acquire AI firm Encora for $2.3 billion, significantly expanding its presence in the hi-tech and healthcare sectors and deepening its North American footprint. This strategic move aims to accelerate Coforge's growth, boost its US business by 50%, and integrate Encora's $600 million revenue stream.

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