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Synopsis
NTT DATA, a global IT service provider, completed the acquisition of a majority stake in in ProvenTech, a software company in Hyderabad, India. Financial terms were not disclosed. "Joining the forces with NTT DATA provides us with an exceptional opportunity to scale our operations and extend our global reach. I am very much looking forward to working together as one team and to the new opportunities that lie ahead of us," P. Raju Venkata, ProvenTech CEO.
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