KPIT Technologies Ltd, a global partner to the automotive and mobility ecosystem for making software-defined vehicles a reality, acquired cloud-based vehicle diagnostics specialist SOMIT solutions.
KPIT works on developing cutting edge technology with global leaders in automotive and mobility. KPIT has grown consistently for last 2 decades and has deployed organic and inorganic strategies for the same. Over the last 2 decades KPIT has also done multiple M&A led partnerships with strong organisations in Europe, USA, India. KPIT is a listed entity in stock exchanges in India and due diligence and strategy for such M&A transactions are of key importance.
The Osborne Clarke team was led by corporate partner and head of the international transport & automotive sector, Simon Spooner (Picture), alongside corporate senior associate James Archer, with Mat Oliver and Kirsty Poulton providing tax advice.
Law Firms: Osborne Clarke;
Clients: KPIT Technologies Limited;