 "Mphasis acquires cloud automation firm Stelligent for $25 million")
Mid-tier IT services firm Mphasis Thursday said it has acquired US-based cloud technology services company Stelligent Systems LLC for $25 million in an all-cash deal.
Virginia-based Stelligent Systems specialises in DevOps automation on Amazon Web Services (AWS) apart from having expertise in financial services which help customers to deploy applications on the cloud with greater speed, agility and security.
"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," said Nitin Rakesh, CEO and Executive Director at Mphasis.
"With Stelligent, we believe we are uniquely positioned to take advantage of this market opportunity," he added.
Established in 2007, Stelligent is a premier consulting partner on AWS Partner Network (APN) and has a team of over 50 engineers with more than 100 certifications. It counts many firms within the Fortune 500 list such as Washington Post and Verizon as its clients.
“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," said Bill Santos, CEO at Stelligent.
Post this acquisition, Mphasis is likely to strengthen its cloud-based offerings in Cloud DevOps and DevSecOps within AWS Ecosystem.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%