Mphasis acquires Stelligent for $25 million

Bengaluru-based mid-tier IT services firm, Mphasis on Thursday announced acquisition of Stelligent Systems, a technology services company specialising in DevOps automation on Amazon Web Services (AWS). The acquisition is an all-cash deal valued at $25 million.

Headquartered in Reston (US), the company is a consulting partner on AWS Partner Network (APN) and holds both AWS DevOps and Financial Services expertise in deploying their customers’ applications on AWS with greater speed, agility, and security, the company said in a statement.

“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. Together with Stelligent and its community heroes in the AWS ecosystem, we believe we are uniquely positioned to take advantage of this market opportunity,” said Nitin Rakesh, CEO and Executive Director, Mphasis.