Mpha­sis ac­quires Stel­li­gent for $25 m

The Hindu Business Line - - IT & TELECOM - PTI

Mpha­sis on Fri­day an­nounced ac­qui­si­tion of a US-based tech­nol­ogy ser­vices player Stel­li­gent for $25 mil­lion in an all-cash deal. Vir­gini­a­head­quar­tered Stel­li­gent spe­cialises in

‘DevOps au­to­ma­tion’ on Ama­zon Web Ser­vices (AWS), the on­line re­tail gi­ant’s cloud of­fer­ing, an of­fi­cial state­ment said. Mpha­sis chief ex­ec­u­tive and ex­ec­u­tive di­rec­tor Nitin Rakesh said the ad­vent of pub­lic cloud in­fra­struc­ture and SaaS has in­creased the im­por­tance of rapid au­to­ma­tion in prod­uct devel­op­ment and prod­uct en­gi­neer­ing for en­ter­prises mov­ing to the cloudThe all-cash ac­qui­si­tion is val­ued at $25 mil­lion, the state­ment said.

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