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LTIMindtree Secures $100M Deal for Hearing Tech
23 Feb
Summary
- LTIMindtree secured a $100 million deal with a European medical tech firm.
- The seven-year agreement involves developing hearing aid brands and apps.
- The IT company recently proposed a name change to LTM Limited.
LTIMindtree, an Indian IT services firm, has finalized a seven-year deal valued at $100 million with a European medical technology company. This agreement, announced on February 23, 2026, centers on the development and ongoing support for the client's primary hearing aid brands and associated private-label products.
The scope of LTIMindtree's involvement includes core wearable devices crucial for hearing solutions, as well as a dedicated mobile application designed for end-users. This significant contract underscores the company's growing influence in the technology sector serving specialized industries.
In other recent developments, LTIMindtree's board has approved a proposal to rename the company to LTM Limited. This change is contingent upon securing necessary shareholder and regulatory clearances. These developments follow a strong performance in the preceding quarter.
Earlier in January 2026, LTIMindtree reported substantial growth, with total order bookings for the quarter ending December 31, 2025, reaching a record $1.69 billion, indicating a robust pipeline and continued business expansion.
