IT services firm Coforge is reportedly in advanced talks to acquire a global digital engineering company for over $1 billion, aiming to enhance its cloud, data, and product engineering services and expand international reach. The company plans to fund the acquisition through debt and equity. Coforge's board will also consider a fundraising proposal on December 26. Encora, a California-based firm backed by Advent International, is mentioned as a potential target. Neither company has officially commented on the discussions.