 "Tech Mahindra")
IT services firm Tech Mahindra announced the acquisition of a 100 per cent stake in Florida-based Activus Connect in an all cash deal worth $62 million. The company had revenue of $17 million for the financial year ended on December 2020.
Activus Connect, is a provider of work at home customer experience management solutions. The acquisition will bolster Tech Mahindra’s capabilities in emerging workplace solutions and strengthen the end-to-end CX portfolio, said the company in a statement.
Vivek Agarwal, President – BFSI, HLS and Corporate Development, TechMahindra, said, “Theacquisition of Activus will fill a whitespace, with their unique delivery model,
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