L

Mumbai, Dec 13 (UNI) Larsen&Toubro Infotech today said it has signed a definitive agreement to acquire California-based electronic design services company GDA Technologies and all of its design centers in the United States and India.

One of the fastest growing companies in the Silicon Valley, over 350-strong GDA has expertise in various semiconductor developments from front-end design to physical design for deep sub-micron process technologies, L&T Infotech said, adding the U S company's portfolio of embedded hardware and software development capabilities along with the IP licensing provide GDA customers with a complete solution.

L&T CMD and L&T Infotech Chairman A M Naik said, '' GDA's electronic design capabilities are a key building block in our roadmap towards creating end-to-end solution delivery capability for our global customer base. Such acquisitions are an integral part of our strategic plan to strengthen our presence in the IT consulting and services space.'' ''This acquisition of GDA technologies will help us deliver a broad set of chip design and product realisation services to our global customers, thereby complementing our capabilities in the IT services space,'' said L&T Infotech chief executive Vijay Kumar Magapu.

All the three GDA founders will join the L&T Infotech management team and will help drive the product engineering service business to the next level, L&T Infotech said.

''This agreement enables us to scale up the business to the next level with the strong process capabilities, infrastructure and investment support from L&T Infotech. This highly synergistic combination of GDA's board and chip level complex engineering expertise and L&T Infotech's middleware and higher-layer software services provide our customers with a complete solution,'' GDA Technologies president A G Karunakaran said.

UNI SA AW1340