L&t Technology Services Ltd. · NSE:LTTS
L&t Technology Services — Merger or Acquisition (November 2024)
15 slides from L&t Technology Services's merger presentation, Nov 11, 2024
Slide 1: Cover letter to stock exchanges on Intelliswift acquisition
L&T Technology Services Limited A.M. Naik Tower,6th Floor, L&T Campus, Gate No.3, Jogeshwari-Vikhroli Link Road, Powai, Mumbai-400072. www.ltts.com November 11, 2024 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra-Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (East), Mu
Slide 2: LTTS deepens software product development, platform engineering & AI expertise
L&T Technology Services deepens software product development, platform engineering & AI expertise Signs definitive agreement to acquire California based Intelliswift Expands footprint in Hyperscalers and big tech spenders Bangalore, India/ San Francisco, California, USA November 11, 2024: L&T Techno
Slide 3: About L&T Technology Services Ltd
About L&T Technology Services Ltd L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and sustenance services across products and processes. Purposeful. Agile. Innovation. is ho
Slide 4: Business Update: Acquisition
Purposeful. Business Update: Agile. Innovation. Acquisition November 2024 www.LTTS.com 1
Slide 5: Disclaimer
Disclaimer This presentation is issued by L&T Technology Services Limited (the “Company”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person. This presentation does not constitute or form part of any offe
Slide 6: Transaction Overview
Transaction Overview Transaction • Transaction consideration (subject to typical closing adjustments): $110 M which includes upfront, deferred Summary consideration and retention bonus • Mode of acquisition: 100% of the interests in Intelliswift, Inc and its subsidiaries • Closing: Expected to be ac
Slide 7: Intelliswift Plays in a Large and Expanding market
Intelliswift Plays in a Large and Expanding market Global ER&D Outsourcing Services : $ 78 Bn Outsourcing split by Service lines CAGR 2023-25E Work Stream 43% Platform Engineering Software Product Engineering 11-12% OUTSOURCING INTENSITY Software Testing Embedded System Engineering 25% 7.5-8.5% UI/U
Slide 8: About Intelliswift
About Intelliswift Competencies and Solutions • Product Conceptualization & Comprehensive Software Product Roadmap Automation Development & • Product Development iCAF Framework Revenue $96 Mn Platform • Product Modernization CY 23 Revenue Engineering • UX / UI Design 360-degree California, • Data En
Slide 9: Capability Map: LTTS + Intelliswift
Capability Map: LTTS + Intelliswift Full stack Product development Software Product Engineering Embedded , Hardware, Firmware, Mechanical Product Engineering Software Development, Modernizing engineering, Maintenance & support, V&V Technologies, User Experience, AI & analytics. Industrial platform d
Slide 10: Deal Rationale and Synergy Opportunities
Deal Rationale and Synergy Opportunities High-growth Synergies Significant Cross- TAM expansion 01 02 03 04 Potential Accounts sell opportunities • Strong partnership • Leverage LTTS’ offshore For Intelliswift customer: • Unlock significant TAM with Fortune 500 and talent to accelerate • Embedded En
Slide 11: Case Study - Enhancing Customer Engagement & Experience
Case Study 1 - Enhancing Customer Engagement & Experience Engineering seamless transition from legacy systems to a modern, cloud-based infrastructure for a major fintech What was enabled • Optimized Cloud Resource Usage: By leveraging AWS native components and containerization, efficient utilization
Slide 12: Case Study - Enabling Seamless Music Experiences
Case Study 2 - Enabling Seamless Music Experiences Engineering a superior, unified music experience across multiple platforms for a leading music and media service provider What was enabled • Seamless Platform Integration: Integrated the customer’s music service with three prominent platforms provid
Slide 13: Case Study - Elevating Data Accuracy and Governance
Case Study 3 - Elevating Data Accuracy and Governance Engineering a Robust Data Architecture for a leading global biopharmaceutical company What was enabled • Holistic Data Architecture: Developed a comprehensive data architecture encompassing robust data models, workflows, seamless integrations, an
Slide 14: Case Study - Redefining E-Commerce payment
Case Study 4 - Redefining E-Commerce payment Engineering state-of-art Identity & Payment solutions for a leading fintech software solution provider What was enabled • Integrated a payment gateway implemented an AI-based facial and voice recognition login system. • Enabled seamless omnichannel checko
Slide 15: About L&T Technology Services
ABOUT L&T TECHNOLOGY SERVICES L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and sustenance services across products and processes. Purposeful. Purposeful. Agile. Innovatio
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