India's LTIMindtree wins $100 million deal with European medtech firm

SelfRugger · 2026-02-27T07:32:35+00:00

LTIMindtree has secured a seven-year, $100 million contract with a European medtech firm specializing in hearing solutions. The deal involves developing support for hearing aid brands and related technologies.

SelfRugger

2026-02-27 07:32:35

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India’s LTIMindtree wins $100 million deal with European medtech firm

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Reuters

Mon, 23 February 2026 at 4:55 pm GMT+9 1 min read

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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.

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.

Earlier this month, LTIMindtree’s the board approved a proposal to ‌rename the company LTM Limited, subject to shareholder and regulatory ‌clearances.

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)

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