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New Deal


Announced

Completed

TechMahindra and Sumitomo formed a joint venture a joint venture.

Synopsis

TechMahindra, a company that provides information technology and business process outsourcing services, and Sumitomo, a Sogo shosha general trading company, formed a joint venture. Financial terms were not disclosed. Tech Mahindra has supported development in communications, financial, aviation, medical, and other industries around the globe. The company has rich experience with development in the field of automotive engineering, primarily for customers in Europe and North America. Tech Mahindra has the world’s cutting-edge knowledge and expertise not only in the area of software but also in hardware, so it can respond to a broad range of customer needs.

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