LTIMindtree (LTM) announced a strategic, multi-year agreement valued at $100 million with a leading European MedTech company specializing in innovative hearing solutions. The seven-year engagement focuses on product development, support for flagship wearable devices, and navigating complex regulatory frameworks. LTM will leverage its proprietary iNXT platform to drive digital transformation for the client.
LTM Announces Major European MedTech Contract
LTM, the Business Creativity partner, confirmed on February 23, 2026, that it has secured a significant, multi-year strategic agreement worth $100 million with a prominent European MedTech company. This organization is a leading provider of innovative hearing solutions globally.
The agreement is structured to span over seven years and centers on delivering comprehensive product development and support across the MedTech client’s flagship product portfolio.
Leveraging Digital Transformation Platform
To execute this partnership, LTM plans to extensively utilize iNXT, its cross-industry digital transformation and innovation platform. This platform is specifically designed to assist enterprises in managing the convergence between physical and digital technologies.
Scope of Work
The scope of work involves deep engagement across several key areas:
- Developing and supporting the MedTech company’s primary hearing instrument brands and private labels.
- Supporting core wearable devices used for hearing.
- Developing the fitting application utilized by hearing care professionals.
- Managing the mobile application used for device control.
- Leading and navigating complex MedTech compliance & regulatory frameworks for the client.
About LTM
LTM, a Larsen & Toubro Group Company, positions itself as an AI-centric global technology services company. The firm emphasizes bringing together human insights and intelligent systems to create value at the intersection of technology and domain expertise. LTM currently serves clients globally with over 87,000 employees across 40 countries, aiming to help clients ‘Outcreate’ the market.
Note: The company announcement also mentioned that the formal company name change is currently pending shareholder and regulatory approvals.
Source: BSE
