Bengaluru-based IT solutions provider Mphasis has acquired US-based technology services firm Stelligent System for around ₹180 crore ($25 million), in an all-cash deal.
Post acquisition, the new unit will be called Mphasis Stelligent, a part of Mphasis’ Digital Business and it will focus on enterprise customers.
The latest acquisition will strengthen the IT service provider’s capabilities in DevOps and Containerization and enhance its existing managed services capabilities.
Founded in 2007, Stelligent provides DevOps automation professional services on Amazon Web Services (AWS), enabling engineering teams to focus on creating software users love. Stelligent has enabled a number of fortune 500 companies with continuous integration and delivery solutions on AWS.
Prior to the acquisition, Stelligent operated as an independent unit of Hosting.com.
The acquisition will boost Mphasis’ technology team by bringing over 50 Stelligent engineers and more than 100 AWS certifications.
“Stelligent is very excited to further its DevOps capability across a broader range of clients and become central to Mphasis’ AWS go-to-market strategy. Our engineers will greatly benefit from being part of a larger, complementary tech-centric community; as well as serve enterprises and public-sector clients in end-to-end AWS DevOps, DevSecOps and additional AWS cloud services,” said Bill Santos, CEO, Stelligent.
Mphasis provides a wide range of IT services to its clients across different industries like banking, insurance, logistics, manufacturing, and healthcare, among others. Some of its services include DevOps automation services, cloud computing, and business process services.
The company has more than 22,000 employees, across 16 countries across the globe.
Talking about the acquisition, Nitin Rakesh, CEO and Executive Director, Mphasis, said, “Together with Stelligent and its community heroes in the AWS ecosystem, we believe we are uniquely positioned to take advantage of this market opportunity. This allows us to join forces with an equally technically-deep company, bringing innovative, in-depth cloud solutions to enterprises in all Mphasis client segments.”