Tech Mahindra Ltd.

BSE: 532755 | NSE: TECHM
Large Cap | IT - Software
1748.10
2.85 (0.16%)
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Tech Mahindra acquires DigitalOnUS for $120 million

Date: 21-04-2021

Tech Mahindra has acquired DigitalOnUS, a hybrid cloud and DevOps services provider, for $120 million (about Rs 898 crore) to augment hybrid-cloud offerings for enterprise customers globally. The company has acquired 100 per cent stake in the organisation to strengthen cloud-native development, hybrid cloud infrastructure and SRE (Site Reliability Engineering) automation. The acquisition of DigitalOnUs will enhance Tech Mahindra's capability in cloud native engineering, and position it to develop cutting-edge digital solutions for its customers.

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.