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EDS completes acquisition of MphasiS

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Our Web Bureau Mumbai
EDS completes acquisition of MphasiS
Our Web Bureau / Mumbai June 22, 2006
EDS today announced that it has completed the acquisition of majority stake in MphasiS BFL by acquiring 83 million shares (approximately 52%) for approximately $380 million in cash.

According to an official release issued by EDS today, MphasiS will operate as an independent EDS company. "With the addition of MphasiS and current expansion plans, EDS
 

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First Published: Jun 22 2006 | 1:03 PM IST

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