Having committed over $955 million (around Rs 7,353 crore) to acquire 10 companies in the immediate past, Tech Mahindra will be less acquisitive in the new fiscal year and focus on integrating them. The focus will be on putting in place the systems to capitalise on the synergies and look at how the acquired company can help create a larger portfolio and the acquisitions need to be engaged to drive the main business.
Over the last 18 months, the company has committed $955 million to acquire 10 companies in varied deal sizes across the world, majorly with an eye on getting a grip over technologies, people or revenue streams, to be one of the most active on the mergers and acquisitions front among peers.
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.
