Which of the following has acquired DigitalOnUS for 120 million?
Tech Mahindra
The correct answer is Tech Mahindra. Tech Mahindra has acquired DigitalOnUS, a hybrid cloud and DevOps services provider, for $120 million, to augment hybrid-cloud offerings for enterprise customers globally.
Is Zen3 acquired by Tech Mahindra?
In February, Tech Mahindra has announced that it would acquire Zen3 and its Indian unit for up to $64 million (Rs 460 crore) in cash. Zen3, which was founded in 2013, has capabilities in Al enablement services, AI speech solutions, cloud engineering, software product engineering, and DevOps.
Which company has acquired the entire stake in US Headquartered hybrid cloud and DevOps services provider DigitalOnUS?
IT major Tech Mahindra has acquired the entire stake in US-headquartered hybrid cloud and DevOps services provider DigitalOnUS for $120 million, including retention bonus and earnout payments.
Who acquired DigitalOnUs?
Tech Mahindra’s
Tech Mahindra’s $120-million, all-cash acquisition of DigitalOnUs will strengthen its nearshore capabilities in cloud native development, cloud infrastructure, and SRE, according to a release from the firm.
What is the value of Tech Mahindra-digitalonus deal?
Tech Mahindra said the total consideration for the deal is “up to $120 million including retention bonus and Earnout”. DigitalOnUs is headquartered in San Jose, the US, and has more than 380 employees.
Why Tech Mahindra has acquired 100\% stake in TCS?
Tech Mahindra has acquired 100 per cent stake in the organisation to strengthen cloud-native development, hybrid cloud infrastructure and SRE (Site Reliability Engineering) automation, a statement said. In a regulatory filing, Tech Mahindra said the total consideration for the deal is “up to $120 million including retention bonus and Earnout”.
What is the total consideration for Tech Mahindra-Maruti deal?
In a regulatory filing, Tech Mahindra said the total consideration for the deal is “up to USD 120 million including retention bonus and Earnout”.
Where is digitalonus based?
DigitalOnUs is headquartered in San Jose, the US, and has more than 380 employees. For the financial year ending December 31, 2020, its revenue was at $30.6 million.