Mphasis completed the acquisition of Silverline.

Mphasis, an Information Technology solutions provider specializing in cloud and cognitive services, completed the acquisition of Silverline, a digital transformation consultancy. Financial terms were not disclosed. "We are excited to have team Silverline join the Mphasis family and look forward to achieving great success together. Silverline's deep Salesforce expertise and scale combined with our execution muscle and reach will not only assist us in designing next-generation digital capabilities but will also help establish us as a dominant player in the Salesforce ecosystem. The acquisition will complement our key strategic initiative of driving the intersection across customer experience transformation, contact center modernization and conversational AI-enabled automation, thus enabling tech transformation to meet the evolving and dynamic needs of our clients," Nitin Rakesh, Mphasis CEO and Managing Director.