Question

L & T Technology Services, the engineering services arm of Larsen and Toubro Group, informed that it will acquire a 100% stake in which Texas-based company?

• A. PCL Construction
• B. Bechtel Group Inc
• C. Orchestra Technology
• D. Turner Construction

Answer 1

The Correct Option is C

L&T Technology Services, a leading engineering services company, announced its strategic move to acquire a Texas-based company. The question tests knowledge in current affairs, particularly in corporate acquisitions. The options given are:

• PCL Construction
• Bechtel Group Inc
• Orchestra Technology 
• Turner Construction

To identify the correct answer, we need to analyze each option:

1. PCL Construction: A well-known construction company, primarily known for its work in the construction and infrastructure sector. Less likely to be targeted for acquisition by an engineering services company focused on technology solutions.
2. Bechtel Group Inc: Another major player in construction and project management. Not closely related to engineering services technology, making it an unlikely target.
3. Orchestra Technology: A technology company known for its work in engineering and solutions for the telecommunications and technology sectors. Fits well with L&T Technology Services' profile and strategic growth plans in engineering and tech services.
4. Turner Construction: Primarily engaged in construction management, similar to PCL and Bechtel, and not aligned with a primarily technological and engineering services acquisition.

Given the context, Orchestra Technology stands out as the most aligned with L&T Technology Services' operations and expansion strategy. Thus, Orchestra Technology is the correct answer.

In conclusion, the correct answer is Orchestra Technology as it aligns with L&T Technology Services' business focus and provides an opportunity to enhance their technology portfolio.