KPIT Tech Finalises Caresoft Acquisition for $157 Million to Boost Vehicle Engineering

As of 10:15 am IST on August 11, 2025, KPIT Technologies share price (NSE: KPITTECH) was trading at ₹1,196.50, up ₹5.70 or 0.48% for the day. The stock opened at ₹1,190.80, hit an intraday high of ₹1,197.00 and a low of ₹1,185.80. 

On Friday, KPIT Technologies share price fell 1.59% to ₹1,209.95 on the BSE. Over the past year, the stock has dropped 30.25% and is down 20.19% so far in 2025. 

Caresoft Acquisition Deal

KPIT Technologies has completed the acquisition of Caresoft Global Technologies, Inc. USA and its subsidiaries in the UK, Mexico, and Italy. Initially announced in May 2025 for $191 million, the deal value was renegotiated to $157 million due to macroeconomic changes.

The revised amount includes $15 million as variable pay linked to revenue and business synergy milestones. The payment will be made in one or more tranches over 4 years, while all other terms remain the same.

Strategic Benefits of the Acquisition

This acquisition will enhance KPIT’s Vehicle Engineering & Design and Truck, Off-Highway offerings. By integrating downstream engineering and benchmarking services, KPIT aims to speed up product launches and help OEMs cut costs.

KPIT specialises in engineering, research, and development for the automotive and mobility sectors, with a strong focus on software-defined vehicles.

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Conclusion

By finalising the Caresoft deal at a reduced price, KPIT Technologies is positioning itself for stronger capabilities in vehicle engineering and faster market delivery. Despite the stock’s recent slump, the acquisition could support long-term growth in the automotive R&D segment.

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