Mphasis makes $25 million acquisition in tech services company to boost its cloud-based offerings
Mphasis Limited (NSE:MPHASIS) President Dinesh Venugopal tells Proactive Investors the India listed IT services company has made a $25 million acquisition of Stelligent Systems LLC, a technology services company specializing in DevOps automation.
Venugopal says the acquisition will allow Mphasis to offer “world-class services to our large enterprise customers.” Vengupol says it allows Mphasis’s customers to move to the cloud “faster.”
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/stocktube/11670/mphasis-makes-25-million-acquisition-in-tech-services-company-to-boost-its-cloud-based-offerings-11670.html
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