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Tech Mahindra to acquire entire stake in K-Vision for $1.5 million

14 Mar 2019 Evaluate

Tech Mahindra has received approval to acquire 100% shareholding in K-Vision a Japanese corporation through its wholly owned Subsidiary -- Mahindra Engineering Services (Europe). The cost of acquisition is $1.5 million.

The objective of acquisition is intends to leverage the local presence and expertise of  K-Vision to build its network services business in Japan in the near term. The company will support the 4G and 5G network - build and roll-out in Japan for large telecom players.

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.

Tech Mahindra Share Price

1465.90 2.85 (0.19%)
11-May-2026 13:45 View Price Chart
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Company Name CMP
TCS 2403.75
Infosys 1181.10
HCL Tech. 1200.75
Wipro 197.65
Tech Mahindra 1465.90
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