IT Company Mphasis Acquires Virginia-based Stelligent Systems
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,...