Mumbai: Larsen & Toubro Infotech Ltd, the IT services arm of infrastructure major Larsen & Toubro Ltd, on Wednesday said it has signed a definitive agreement to acquire the artificial intelligence (AI), machine learning and advanced analytics company Lymbyc. In January, the firm acquired Ruletronics, which uses the Pega platform for business process management and customer relationship management solutions. Founded in 2012, Lymbyc is a Bengaluru-based firm known for its capabilities in analytics and data-sciences space. “Leni by Lymbyc is an industry-agnostic platform that solves business user’s need for experience, speed, and comprehension. Leni, our AI-based Virtual Analyst is perfectly suited to deliver better value to business users and maximize their information and analytics investments," Mohanty added.

Source: Mint July 17, 2019 10:18 UTC