IT services company Mphasis is making big investments and has acquired Virginia-based cloud technology services company Stelligent Systems LLC in an all-cash deal. This deal has been valued at $25 million.
The acquired company has specialization in DevOps automation on Amazon Web Services (AWS), which means, as more enterprises move to the cloud, Stelligent helps them deploy applications on the cloud with greater speed, agility and security.
“Together with Stelligent and its community heroes in the AWS ecosystem, we believe we are uniquely positioned to take advantage of (public cloud infrastructure and SaaS software) market opportunity,” said Nitin Rakesh, CEO and Executive Director, Mphasis. “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.”
Stelligent Systems was founded in 2007 and has its headquarters in Reston, Virginia and the company basically offers DevOps and DevSecOps solutions on AWS. It is a Premier Consulting Partner on AWS Partner Network (APN) and holds both AWS DevOps and Financial Services expertise in deploying their customers’ applications on AWS.
The basic objective of Mphasis behind the acquisition is to gain access to the strategic proposition in Cloud DevOps and DevSecOps within AWS Ecosystem.
“Our engineers will greatly benefit from being part of a larger, complementary tech-centric community as well as serve enterprises in end-to-end AWS DevOps, DevSecOps and additional AWS cloud services,“ said Bill Santos, CEO, Stelligent.
The acquisition also provides capabilities, experience and certified AWS DevOps engineers, participation in the following programs: AWS Channel Reseller, AWS Government Partner Program, AWS Managed Service Program, AWS Marketplace Seller and AWS Solution Provider Program, the company wrote in its letter to the Bombay Stock Exchange (BSE).