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Capgemini acquires LiquidHub for 400 mn euros, aims to boost India presence

Chrys Capital backed LiquidHub employs around 2,500 employees globally, of which around 1,500 are located in India

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BS Reporter Bengaluru
While the acquisition of iGATE back in 2015 gave a boost to Capgemini’s already growing presence in India and its latest buy, LiquidHub is but going to augment it further.

On Monday, the French IT services and consulting major agreed to acquire LiquidHub, a digital technology services company. The cost of the acquisition is understood to be twice the revenues of LiquidHub, which is estimated to be around 400 million euros, going by its 2017 revenue.

Chrys Capital backed LiquidHub employs around 2,500 employees globally, of which around 1,500 are located in India, including Hyderabad, Bengaluru and Gurgaon. In an