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New Deal


Announced

Mphasis to acquire Datalytyx.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Private

Pending

data engineering

data consultancy

Acquisition

Friendly

Majority

Single Bidder

United Kingdom

data management solutions

Cross Border

Synopsis

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Mphasis, an information technology solutions provider, agreed to acquire Datalytyx, a next-gen data engineering and consultancy company. Financial terms were not disclosed. "Together with Datalytyx and its highly skilled data professionals, we believe Mphasis is distinctively positioned to further fuel our worldwide clients' transformational projects. This acquisition will not only strengthen our next-gen data strategy but will also be a significant milestone in our journey to build capabilities relevant to the digital priorities of our clients," Nitin Rakesh, Mphasis CEO and Executive Director.

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