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Tech Mahindra acquires hybrid cloud and DevOps services provider DigitalOnUs for $120M
Tech Mahindra has acquired 100 percent stake in hybrid cloud and DevOps services provider DigitalOnUs to strengthen cloud-native development, hybrid cloud infrastructure, and Site Reliability Engineering automation.
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IT major Tech Mahindra on Monday said it had acquired
DigitalOnUS, a hybrid cloud and DevOps services provider, for $ 120 million (about Rs 898 crore) to augment hybrid-cloud offerings for enterprise customers globally.
Tech Mahindra had acquired 100 percent stake in the organisation to strengthen cloud-native development, hybrid cloud infrastructure and Site Reliability Engineering (
SRE) automation, a statement said.
In a regulatory filing, Tech Mahindra said the total consideration for the deal was up to $ 120 million, including retention bonus and earnout . ....

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