Mphasis Ltd.

Mphasis’ wholly owned subsidiary -- Mphasis Corporation, USA has acquired a 26% preferred stock stake in Aokah, Inc., a Delaware-based Corporation in the United States of America. Aokah, Inc., was established to deliver Business Intelligence Platforms and additional Information Technology Services. Cost of acquisition is $4 million.

Objects of acquisition are leverage Artificial Intelligence (AI) to drive speed, intelligence, and efficiency; build high-performing Global Capability Centers (GCCs) that drive innovation, resilience, and long-term business impact; and AI-driven platform integrates automation, data driven insights, and ecosystem intelligence. 

Mphasis is a global service provider, delivering technology based solutions across many sectors.