Mphasis Ltd.

BSE: 526299 | NSE: MPHASIS
Mid Cap | IT - Software
2742.20
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Mphasis’ arm acquires Stelligent Systems

Date: 09-11-2018

Mphasis’ wholly owned subsidiary -- Mphasis Corporation has acquired Stelligent Systems, LLC a US based, DevOps, continuous integration and continuous development, service provider in Amazon Web Services (AWS), for consideration up to $25 million consequent to signing a definitive agreement on November 08, 2018 regarding the acquisition.

Mphasis is a global service provider, delivering technology based solutions across industries, including Banking & Capital Markets, Insurance, Manufacturing, Media & Entertainment, Telecom, Healthcare, Life Sciences, Travel & Transportation, Hospitality, Retail & Consumer Goods, Energy & Utilities, and Governments around the world.