Hexaware Technologies completed the acquisition of Mobiquity for $182m.

Hexaware Technologies, one of India's fastest growing IT Consulting firms, completed the acquisition of Mobiquity for a total consideration of $182m. Mobiquity creates digital products for some of the most well-known brands in the world, such as Amazon Web Services or Philips. "Hexaware enters an exciting new phase of growth and capability with the acquisition of Mobiquity. Both Hexaware and Mobiquity have created very strong impact for their clients and have a mutually complementing position. Our combined capabilities will enhance our market positioning and opportunity to make an impact for our clients," R Srikrishna, Hexaware Technologies CEO.