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Tech Mahindra in discussion to acquire technology firms: Report

27 Aug 2014 Evaluate

In a bid to enhance competencies and geographic reach, Tech Mahindra is reportedly in talks to acquire technology firms, both in India and overseas. In the last two financial years, the company has acquired seven firms, including Satyam Computer Services, Hutchison Global Services and Comviva Technologies.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.

Peers
Company Name CMP
TCS 2077.00
Infosys 1009.10
HCL Technologies 1244.85
Wipro 163.60
Tech Mahindra 1546.00
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