Coforge gets all approvals for Encora acquisition; combined entity at ~$2.5B run rate

Coforge announced that it has secured all necessary regulatory and statutory clearances across multiple jurisdictions for its acquisition of Encora. This development clears the path for the transaction to close. The acquisition, initially announced on December 26, 2025, is set to create a combined entity operating at an estimated ~$2.5 billion run rate, with a core of $2 billion in AI-led engineering, data, and cloud services. Integration planning and execution are progressing as per schedule, with leadership continuity being a key priority. The company's cost optimization program for General & Administrative (G&A) functions is on track to deliver a 20-25% reduction in G&A costs for the combined business, ensuring the achievement of margin guidance. Front-end commercial and sales teams are prepared for collaborative operations immediately post-closing, with the merger expected by the end of April 2026.