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Mphasis inks definitive pact to acquire Wyde Corporation

01 Aug 2011 Evaluate

Mphasis, though one of its 100% owned subsidiaries, has signed a definitive agreement to acquire Wyde Corporation, a Corporate organized under the laws of Delaware, USA. The closure of the deal is subject to completion of customary conditions. This investment is the second acquisition by the company in the Insurance industry vertical, after acquiring AIGSS (AIG Software System), the AIG captive centre in India in 2009.

Headquartered in Minneapolis in USA, with a modern Research and Development (R&D) centre in Paris, France, Wyde has developed and deployed Wynsure, a proven software platform, at many of the leading insurance carriers in North America and Europe.

Wyde is headquartered in Minneapolis, USA and has a research and development centre in Paris, France. 

MphasiS is a provider of Information Technology Outsourcing (ITO), applications services outsourcing and business process outsourcing services.

Mphasis Share Price

2331.15 13.70 (0.59%)
05-Jun-2026 09:17 View Price Chart
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