October 19, 2026 02:36 pm (IST)
Follow us:
L&T Infotech acquires Pune-based ISRC
Mumbai/Pune, Oct 28 (IBNS): With an aim to enhance focus on core business, L&T Infotech, a global provider of information technology services and solutions, and a wholly-owned subsidiary of the USD 14.3 billion Larsen & Toubro (L&T), has completed the acquisition of Information Systems Resource Centre Pvt. Ltd. (ISRC).
ISRC was a subsidiary of Otis Elevator Co., which is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp.
On this occasion V.K. Magapu, Managing Director, L&T Infotech said, “As a major IT supplier, L&T Infotech plans to leverage the technology capability and experience of ISRC in order to enhance its value-add to UTC.”
Omar Fathi, Vice President, Information Technology, UTC Building & Industrial Systems said, “This allows UTC Building & Industrial Systems’ IT organization to focus on supporting the company’s core businesses while allowing ISRC and its employees to grow and serve its customers under the new ownership.”
L&T Infotech has two key vendor facilities in Mumbai serving UTC Building & Industrial Systems, as well as a team of professionals serving various divisions of UTC.
L&T Infotech is comprised of 20,000 IT professional across the globe. This acquisition will bring a number of learning and career growth opportunities for the ISRC employees including opportunities for technical skill enhancement and exposure to new technologies.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Onion prices set to get relief? Centre sends 440 tonnes to Tripura ahead of festive season
Fri, Oct 16 2026
12 nations turn to Bengal: ICC hosts diplomats in Kolkata to explore trade and investment opportunities
Thu, Oct 15 2026
Hyundai announces $15.5 billion India investment plan through 2032: Here's what's coming
Wed, Oct 14 2026
Modi, Anita Anand discuss trade, defence and energy as India-Canada ties gain momentum
Wed, Oct 14 2026
Government approves Fairfax Financial as strategic buyer for 60.72% stake in IDBI Bank
Wed, Oct 14 2026