Bengaluru-based information technology company Mphasis has acquired US-headquartered tech company Stelligent Systems LLC for $25 million in an all-cash deal.
Bengaluru, 9th Nov,2018. RedNewswire/-
DevOps is a software development methodology that combines software development with IT operations to shorten the systems development life cycle, while delivering features, fixes and updates in close alignment.
The new unit known as Mphasis Stelligent, will be part of the Mphasis’ Digital Business and jointly focus on enterprise customers. The acquisition is expected to provide access to strategic proposition in Cloud DevOps and DevSecOps within AWS ecosystem, the company said in a statement.
Stelligent, founded in 2007 has been providing enterprises, including Fortune 500 companies, with integration and delivery solutions on AWS. It has a team of over 50 engineers.
Mphasis CEO and Executive Director Nitin Rakesh said,The advent of public cloud infrastructure and SaaS software has elevated the importance of rapid automation in product development and product engineering for enterprises moving to the cloud.
This acquisition allows us to join forces with an equally technically-deep company, bringing innovative, in-depth cloud solutions to enterprises in all Mphasis client segments, he added.