Amid rapid BFSI growth, IT engineering firms are acquiring companies to boost their software engineering capabilities. Recent acquisitions by L&T Tech, Persistent Systems, EPAM, Grid Dynamics, and Globant in the US and UK aim to enhance their BFSI presence. L&T Tech acquired Intelliswift, planning to double its revenue, while Persistent bought SoHo Dragon’s assets to solidify a BFSI relationship. These acquisitions, driven by BFSI demand and interest in GenAI, will support platform development, payment integration, and financial compliance across banking, fintech, and insurance sectors. Read The Rest at :