AI race: Coforge to acquire Encore in nearly $2 billion deal
BENGALURU: Mid-cap IT firm Coforge has announced its plan to acquire AI firm Encora – whose estimated revenue is $600 million for 2026 – giving it a better presence in the hi-tech and healthcare verticals, besides deepening its footprint in North America. Coforge will acquire the business from Advent, Warburg Pincus and other minority shareholders…