Feb 23 (Reuters) - Indian IT services company LTIMindtree on Monday said it has won a $100 million deal with a medical technology company in Europe. (Reporting by Nishit Navin; Editing by Mrigank
LTIMindtree Secures Major $100M Contract with European Medtech Leader
LTIMindtree's Strategic Partnership
Feb 23 (Reuters) - Indian IT services company LTIMindtree on Monday said it has secured a $100 million, seven-year deal with a Europe-based medical technology company that provides hearing solutions.
The IT company did not reveal the name of the European firm.
Details of the Agreement
Under the agreement, LTIMindtree will develop and support the client's main hearing aid brands and private-label products, including core wearable devices, and a mobile app for users.
Company Rebranding Plans
Earlier this month, LTIMindtree's the board approved a proposal to rename the company LTM Limited, subject to shareholder and regulatory clearances.
Record-Breaking Order Bookings
In January, the IT firm said total order bookings for the quarter ended December 31 hit a record $1.69 billion.
(Reporting by Nishit Navin; Editing by Mrigank Dhaniwala)
