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Tech Mahindra to manage IT Operations for Ahlstrom

23 Sep 2014 Evaluate

Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering, has been selected by Ahlstrom to manage its Information Technology operations. With the multi-year, multi-million Euro agreement Ahlstrom aims to increase efficiency, harmonize service levels and lower IT costs.

Tech Mahindra and Ahlstrom have signed a letter of agreement at a ceremony in Helsinki, Finland regarding the services to be operated by Tech Mahindra. As a consequence, approximately 50 Ahlstrom IT employees globally are planned to move to Tech Mahindra under a business transfer agreement. The planned transfer is expected to take place on December 1, 2014, subject to country specific conditions.

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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