Loud Native Development Technologies News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The acquisition will strengthen the IT major s cloud native development and near shore delivery from Mexico and Canada for its US customers.Tech Mahindra announced that it has acquired DigitalOnUS, a leading hybrid cloud and DevOps services provider, to augment hybrid-cloud offerings for enterprise customers globally. Tech Mahindra has acquired 100% stake in the organisation to strengthen cloud-native development, hybrid cloud infrastructure and SRE (Site Reliability Engineering) automation.
Total consideration of the acquisition is upto $120 million including retention bonus and earnout. The transaction is expected to close by 15 May 2021.
The strategic acquisition will further elevate Tech Mahindra s position as a partner of choice for hybrid-cloud digital transformation, providing end-to-end transformation and new-age capabilities including enterprise DevOps and cloud native development technologies. ....

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