Finance
India's LTIMindtree wins $100 million deal with European medtech firm
Published by Global Banking & Finance Review®
Posted on February 23, 2026
1 min readLast updated: February 23, 2026
Quick Summary
On Feb 23, 2026, LTIMindtree said it won a $100 million deal with a European medtech company, Reuters reported. The client wasn’t named; the win bolsters the firm’s healthcare and Europe presence.
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)
Key Takeaways
- •LTIMindtree announced a $100 million deal with a European medical technology company.
- •The announcement was made on Monday, February 23, 2026, via a Reuters brief.
- •The client’s name and detailed terms were not disclosed.
- •The win strengthens LTIMindtree’s presence in healthcare and Europe.
- •Deal underscores continued large-deal momentum for the Indian IT services firm.
Frequently Asked Questions about India's LTIMindtree wins $100 million deal with European medtech firm
1What is the main topic?
LTIMindtree announced a $100 million deal with a European medical technology company. The brief highlights the value, sector and cross‑border scope.
2Who is the client and what are the terms?
Reuters reported the client was not named and detailed terms were undisclosed. Only the value and sector—European medtech—were shared.
3Why is this deal significant for LTIMindtree?
It adds to LTIMindtree’s large‑deal momentum and expands its footprint in healthcare and Europe, signaling demand for its IT services in the region.
