Mphasis acquires Stelligent for $25 m
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.