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XDuce acquires 24% stake in Dev Information Technology

11 Mar 2026 Evaluate

XDuce has acquired a strategic stake of around 24% in Dev Information Technology to strengthen its AI, Cybersecurity and global footprint. This strategic investment establishes a long-term alignment aimed at accelerating global digital transformation business while preserving the independent operations and identity of both organizations.

The investment is designed to deepen collaboration between XDuce and DEV IT, combining XDuce’s client relationships and market leadership in North America with DEV IT’s large-scale engineering capabilities and global delivery infrastructure, enabling enterprises and SMBs to design, build, and deploy modern digital systems faster.

Dev Information Technology (DEV IT) has grown into a global IT services provider empowering businesses with the right blend of information technology, innovation, and digital transformation.

Peers
Company Name CMP
TCS 2069.70
Infosys 991.25
HCL Technologies 1240.15
Wipro 159.95
Tech Mahindra 1546.25
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