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Mindtree Limited was an Indian multinational information technology services and consulting company, headquartered in Bangalore. Mindtree was acquired by Larsen & Toubro in 2019, before being merged with L&T Infotech (LTI) in 2022 to form LTIMindtree .
The company was founded as L&T Information Technology Ltd in December 1996 as a subsidiary of Larsen & Toubro. [5] During 2001–2002, the company's name was changed from L&T Information Technology Ltd to L&T Infotech Ltd and in the same year the company achieved the assessed level of Software Engineering Institute's (SEI) Maturity Level 5.
He left Lucent a year after to co-found Mindtree in 1999 along with 9 other co-founders. Mindtree is a $1 billion (Fiscal 19), Global IT services company with approximately 20000+ people. It is listed at the National Stock Exchange and the Bombay Stock Exchange in India. [1] When Mindtree started, Subroto Bagchi began as chief operating officer.
He then drove Mindtree's expansion into Europe, Asia Pacific and the Middle East, transforming Mindtree's IT services business. He was until recently the Executive Chairman of Mindtree, until its acquisition by L&T Infotech. [citation needed] KK is an Ex-Chairman of NASSCOM and chaired the ‘emerging companies’ forum.
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CGI Inc. was founded as an IT consulting company on June 15, 1976, in Quebec City, Québec, by Serge Godin. [3] Within several months he was joined by co-founder André Imbeau [6] from Quebec City. [7]
WNS Global Services was established in 1996 as a carve-out of British Airways captive process and back-office activities. In 2002, Warburg Pincus acquired a majority stake, following which WNS became an independent entity. [8]
In 2009 Kyocera sold its Indian R&D Division (Wireless) to Mindtree Limited. [5] [6] In March 2010, Kyocera launched its first Smartphone since 2001, after focusing on lower cost phones. [7] In March, 2010, Kyocera announced the merger of its two wholly owned subsidiaries: San Diego–based Kyocera Wireless Corp. and Kyocera Communications, Inc.